LOFFREDO GARDENS INC. PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of LOFFREDO GARDENS INC. PROFIT SHARING PLAN is $14,687,919.This plan was established in 1975.

At the end of 2022, the total number of retirement plan participants in LOFFREDO GARDENS INC. PROFIT SHARING PLAN is 361

In 2022, the average participant retirement account value for LOFFREDO GARDENS INC. PROFIT SHARING PLAN is $40,686

In 2022, the estimated average employee contribution amount per participant for LOFFREDO GARDENS INC. PROFIT SHARING PLAN is $1,814

In 2022, the estimated average employer match for an employee in LOFFREDO GARDENS INC. PROFIT SHARING PLAN is approximately $884

In 2022, LOFFREDO GARDENS INC. PROFIT SHARING PLAN allocates $319,395 to match its employees’ contributions, providing an employer match rate of 49.05% of their contributions

In 2022, the total retirement plan asset growth rate of LOFFREDO GARDENS INC. PROFIT SHARING PLAN is -24.45%

In 2022, the estimated aggregate retirement account investment gain/loss for LOFFREDO GARDENS INC. PROFIT SHARING PLAN is -17.45%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOFFREDO GARDENS INC. PROFIT SHARING PLAN is 0.18%.

Enrollment Features

LOFFREDO GARDENS INC. PROFIT SHARING 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.