LOCKE LORD LLP RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of LOCKE LORD LLP RETIREMENT SAVINGS PLAN is $757,805,334.This plan was established in 1964.

At the end of 2022, the total number of retirement plan participants in LOCKE LORD LLP RETIREMENT SAVINGS PLAN is 1912

In 2022, the average participant retirement account value for LOCKE LORD LLP RETIREMENT SAVINGS PLAN is $396,341

In 2022, the estimated average employee contribution amount per participant for LOCKE LORD LLP RETIREMENT SAVINGS PLAN is $6,674

In 2022, the estimated average employer match for an employee in LOCKE LORD LLP RETIREMENT SAVINGS PLAN is approximately $6,545

In 2022, LOCKE LORD LLP RETIREMENT SAVINGS PLAN allocates $12,515,861 to match its employees’ contributions, providing an employer match rate of 96.22% of their contributions

In 2022, the total retirement plan asset growth rate of LOCKE LORD LLP RETIREMENT SAVINGS PLAN is -19.86%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCKE LORD LLP RETIREMENT SAVINGS PLAN is -16.93%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCKE LORD LLP RETIREMENT SAVINGS PLAN is 0.03%.

Enrollment Features

LOCKE LORD LLP RETIREMENT SAVINGS PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.