LOEWS CORPORATION EMPLOYEES’ SAVINGS PLAN

Overview

Plan Contact

  • Address: 9 W. 57TH ST,NEW YORK,NY
  • Phone: (212) 521-2000

Plan General Information


At the end of 2022, the total retirement plan assets of LOEWS CORPORATION EMPLOYEES’ SAVINGS PLAN is $114,842,251.This plan was established in 1969.

At the end of 2022, the total number of retirement plan participants in LOEWS CORPORATION EMPLOYEES’ SAVINGS PLAN is 367

In 2022, the average participant retirement account value for LOEWS CORPORATION EMPLOYEES’ SAVINGS PLAN is $312,921

In 2022, the estimated average employee contribution amount per participant for LOEWS CORPORATION EMPLOYEES’ SAVINGS PLAN is $6,198

In 2022, the estimated average employer match for an employee in LOEWS CORPORATION EMPLOYEES’ SAVINGS PLAN is approximately $7,287

In 2022, LOEWS CORPORATION EMPLOYEES’ SAVINGS PLAN allocates $2,674,568 to match its employees’ contributions, providing an employer match rate of 120.03% of their contributions

In 2022, the total retirement plan asset growth rate of LOEWS CORPORATION EMPLOYEES’ SAVINGS PLAN is -21.13%

In 2022, the estimated aggregate retirement account investment gain/loss for LOEWS CORPORATION EMPLOYEES’ SAVINGS PLAN is -19.32%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOEWS CORPORATION EMPLOYEES’ SAVINGS PLAN is 0.02%.

Enrollment Features

LOEWS CORPORATION EMPLOYEES’ SAVINGS PLAN has the following features:
    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.