LOCKTON, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of LOCKTON, INC. 401(K) PLAN is $997,829,167.This plan was established in 1990.

At the end of 2022, the total number of retirement plan participants in LOCKTON, INC. 401(K) PLAN is 7170

In 2022, the average participant retirement account value for LOCKTON, INC. 401(K) PLAN is $139,167

In 2022, the estimated average employee contribution amount per participant for LOCKTON, INC. 401(K) PLAN is $9,393

In 2022, the estimated average employer match for an employee in LOCKTON, INC. 401(K) PLAN is approximately $5,926

In 2022, LOCKTON, INC. 401(K) PLAN allocates $42,491,821 to match its employees’ contributions, providing an employer match rate of 66.70% of their contributions

In 2022, the total retirement plan asset growth rate of LOCKTON, INC. 401(K) PLAN is -11.73%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCKTON, INC. 401(K) PLAN is -15.49%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCKTON, INC. 401(K) PLAN is 0.05%.

Enrollment Features

LOCKTON, INC. 401(K) 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.