LONG & FOSTER EMPLOYEES’ PROFIT SHARING AND 401(K) PLAN

At the end of 2022, the total retirement plan assets of LONG & FOSTER EMPLOYEES’ PROFIT SHARING AND 401(K) PLAN is $324,390,325.This plan was established in 1994.

At the end of 2022, the total number of retirement plan participants in LONG & FOSTER EMPLOYEES’ PROFIT SHARING AND 401(K) PLAN is 3123

In 2022, the average participant retirement account value for LONG & FOSTER EMPLOYEES’ PROFIT SHARING AND 401(K) PLAN is $103,871

In 2022, the estimated average employee contribution amount per participant for LONG & FOSTER EMPLOYEES’ PROFIT SHARING AND 401(K) PLAN is $7,102

In 2022, the estimated average employer match for an employee in LONG & FOSTER EMPLOYEES’ PROFIT SHARING AND 401(K) PLAN is approximately $4,569

In 2022, LONG & FOSTER EMPLOYEES’ PROFIT SHARING AND 401(K) PLAN allocates $14,271,316 to match its employees’ contributions, providing an employer match rate of 69.41% of their contributions

In 2022, the total retirement plan asset growth rate of LONG & FOSTER EMPLOYEES’ PROFIT SHARING AND 401(K) PLAN is 0.00%

In 2022, the estimated aggregate retirement account investment gain/loss for LONG & FOSTER EMPLOYEES’ PROFIT SHARING AND 401(K) PLAN is 1.98%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LONG & FOSTER EMPLOYEES’ PROFIT SHARING AND 401(K) PLAN is 0.00%.

Enrollment Features

LONG & FOSTER EMPLOYEES’ PROFIT SHARING AND 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.