LOLOI INC. RETIREMENT PLAN
Overview
Plan Contact
- Address: 4501 SPRING VALLEY ROAD,DALLAS,TX
- Contact person: SOUSSAN LOLOI
- Phone: (972) 503-5656
Plan General Information
At the end of 2022, the total retirement plan assets of LOLOI INC. RETIREMENT PLAN is $2,135,497.This plan was established in 2019.
At the end of 2022, the total number of retirement plan participants in LOLOI INC. RETIREMENT PLAN is 344
In 2022, the average participant retirement account value for LOLOI INC. RETIREMENT PLAN is $6,207
In 2022, the estimated average employee contribution amount per participant for LOLOI INC. RETIREMENT PLAN is $1,668
In 2022, the estimated average employer match for an employee in LOLOI INC. RETIREMENT PLAN is approximately $791
In 2022, LOLOI INC. RETIREMENT PLAN allocates $272,240 to match its employees’ contributions, providing an employer match rate of 54.49% of their contributions
In 2022, the total retirement plan asset growth rate of LOLOI INC. RETIREMENT PLAN is 17.91%
In 2022, the estimated aggregate retirement account investment gain/loss for LOLOI INC. RETIREMENT PLAN is -16.80%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LOLOI INC. RETIREMENT PLAN is 0.05%.
Enrollment Features
LOLOI INC. RETIREMENT 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.