LOFFLER COMPANIES, INC. 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of LOFFLER COMPANIES, INC. 401(K) PROFIT SHARING PLAN is $45,695,447.This plan was established in 1996.

At the end of 2022, the total number of retirement plan participants in LOFFLER COMPANIES, INC. 401(K) PROFIT SHARING PLAN is 685

In 2022, the average participant retirement account value for LOFFLER COMPANIES, INC. 401(K) PROFIT SHARING PLAN is $66,708

In 2022, the estimated average employee contribution amount per participant for LOFFLER COMPANIES, INC. 401(K) PROFIT SHARING PLAN is $4,273

In 2022, the estimated average employer match for an employee in LOFFLER COMPANIES, INC. 401(K) PROFIT SHARING PLAN is approximately $1,409

In 2022, LOFFLER COMPANIES, INC. 401(K) PROFIT SHARING PLAN allocates $965,810 to match its employees’ contributions, providing an employer match rate of 32.50% of their contributions

In 2022, the total retirement plan asset growth rate of LOFFLER COMPANIES, INC. 401(K) PROFIT SHARING PLAN is -14.87%

In 2022, the estimated aggregate retirement account investment gain/loss for LOFFLER COMPANIES, INC. 401(K) PROFIT SHARING PLAN is -17.36%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOFFLER COMPANIES, INC. 401(K) PROFIT SHARING PLAN is 0.08%.

Enrollment Features

LOFFLER COMPANIES, INC. 401(K) PROFIT SHARING 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.