LOFTED PRODUCTS LLC 401(K) PLAN

At the end of 2022, the total retirement plan assets of LOFTED PRODUCTS LLC 401(K) PLAN is $2,816,409.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in LOFTED PRODUCTS LLC 401(K) PLAN is 150

In 2022, the average participant retirement account value for LOFTED PRODUCTS LLC 401(K) PLAN is $18,776

In 2022, the estimated average employee contribution amount per participant for LOFTED PRODUCTS LLC 401(K) PLAN is $1,463

In 2022, the estimated average employer match for an employee in LOFTED PRODUCTS LLC 401(K) PLAN is approximately $923

In 2022, LOFTED PRODUCTS LLC 401(K) PLAN allocates $138,593 to match its employees’ contributions, providing an employer match rate of 67.15% of their contributions

In 2022, the total retirement plan asset growth rate of LOFTED PRODUCTS LLC 401(K) PLAN is -31.13%

In 2022, the estimated aggregate retirement account investment gain/loss for LOFTED PRODUCTS LLC 401(K) PLAN is -14.89%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOFTED PRODUCTS LLC 401(K) PLAN is 0.37%.

Enrollment Features

LOFTED PRODUCTS 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.