LOCKWOOD INDUSTRIES, LLC 401(K) PLAN

At the end of 2022, the total retirement plan assets of LOCKWOOD INDUSTRIES, LLC 401(K) PLAN is $20,315,129.This plan was established in 1998.

At the end of 2022, the total number of retirement plan participants in LOCKWOOD INDUSTRIES, LLC 401(K) PLAN is 595

In 2022, the average participant retirement account value for LOCKWOOD INDUSTRIES, LLC 401(K) PLAN is $34,143

In 2022, the estimated average employee contribution amount per participant for LOCKWOOD INDUSTRIES, LLC 401(K) PLAN is $6,646

In 2022, the estimated average employer match for an employee in LOCKWOOD INDUSTRIES, LLC 401(K) PLAN is approximately $22

In 2022, LOCKWOOD INDUSTRIES, LLC 401(K) PLAN allocates $13,462 to match its employees’ contributions, providing an employer match rate of 0.52% of their contributions

In 2022, the total retirement plan asset growth rate of LOCKWOOD INDUSTRIES, LLC 401(K) PLAN is -2.49%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCKWOOD INDUSTRIES, LLC 401(K) PLAN is -2.19%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCKWOOD INDUSTRIES, LLC 401(K) PLAN is 0.30%.

Enrollment Features

LOCKWOOD INDUSTRIES, LLC 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.