LOCKWOOD BROADCASTING INC 401(K) PLAN
Overview
Plan Contact
- Address: 220 SALTERS CREEK RD,HAMPTON,VA
- Contact person: PAMELA LAWSON
- Phone: (757) 722-9736
Plan General Information
At the end of 2021, the total retirement plan assets of LOCKWOOD BROADCASTING INC 401(K) PLAN is $6,677,758.This plan was established in 2022.
At the end of 2021, the total number of retirement plan participants in LOCKWOOD BROADCASTING INC 401(K) PLAN is 317
In 2021, the average participant retirement account value for LOCKWOOD BROADCASTING INC 401(K) PLAN is $21,065
In 2021, the estimated average employee contribution amount per participant for LOCKWOOD BROADCASTING INC 401(K) PLAN is $2,188
In 2021, the estimated average employer match for an employee in LOCKWOOD BROADCASTING INC 401(K) PLAN is approximately $332
In 2021, LOCKWOOD BROADCASTING INC 401(K) PLAN allocates $105,258 to match its employees’ contributions, providing an employer match rate of 15.17% of their contributions
In 2021, the total retirement plan asset growth rate of LOCKWOOD BROADCASTING INC 401(K) PLAN is 25.07%
In 2021, the estimated aggregate retirement account investment gain/loss for LOCKWOOD BROADCASTING INC 401(K) PLAN is 17.50%. This measures the effectiveness of the plan participants’ investments in the year.
In 2021, the investment and administrative expense ratio of LOCKWOOD BROADCASTING INC 401(K) PLAN is 0.46%.