LOEB & LOEB LLP PROFIT SHARING AND 401(K) PLAN

At the end of 2022, the total retirement plan assets of LOEB & LOEB LLP PROFIT SHARING AND 401(K) PLAN is $347,762,682.This plan was established in 1985.

At the end of 2022, the total number of retirement plan participants in LOEB & LOEB LLP PROFIT SHARING AND 401(K) PLAN is 984

In 2022, the average participant retirement account value for LOEB & LOEB LLP PROFIT SHARING AND 401(K) PLAN is $353,417

In 2022, the estimated average employee contribution amount per participant for LOEB & LOEB LLP PROFIT SHARING AND 401(K) PLAN is $10,242

In 2022, the estimated average employer match for an employee in LOEB & LOEB LLP PROFIT SHARING AND 401(K) PLAN is approximately $6,825

In 2022, LOEB & LOEB LLP PROFIT SHARING AND 401(K) PLAN allocates $6,716,402 to match its employees’ contributions, providing an employer match rate of 67.81% of their contributions

In 2022, the total retirement plan asset growth rate of LOEB & LOEB LLP PROFIT SHARING AND 401(K) PLAN is -16.09%

In 2022, the estimated aggregate retirement account investment gain/loss for LOEB & LOEB LLP PROFIT SHARING AND 401(K) PLAN is -16.50%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOEB & LOEB LLP PROFIT SHARING AND 401(K) PLAN is 0.08%.

Enrollment Features

LOEB & LOEB LLP PROFIT SHARING AND 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.
    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.