LONGWOOD MANAGEMENT CORPORATION 401(K) SAVINGS PLAN

At the end of 2022, the total retirement plan assets of LONGWOOD MANAGEMENT CORPORATION 401(K) SAVINGS PLAN is $74,872,562.This plan was established in 1999.

At the end of 2022, the total number of retirement plan participants in LONGWOOD MANAGEMENT CORPORATION 401(K) SAVINGS PLAN is 6294

In 2022, the average participant retirement account value for LONGWOOD MANAGEMENT CORPORATION 401(K) SAVINGS PLAN is $11,895

In 2022, the estimated average employee contribution amount per participant for LONGWOOD MANAGEMENT CORPORATION 401(K) SAVINGS PLAN is $1,394

In 2022, the estimated average employer match for an employee in LONGWOOD MANAGEMENT CORPORATION 401(K) SAVINGS PLAN is approximately $292

In 2022, LONGWOOD MANAGEMENT CORPORATION 401(K) SAVINGS PLAN allocates $1,843,619 to match its employees’ contributions, providing an employer match rate of 20.90% of their contributions

In 2022, the total retirement plan asset growth rate of LONGWOOD MANAGEMENT CORPORATION 401(K) SAVINGS PLAN is -7.90%

In 2022, the estimated aggregate retirement account investment gain/loss for LONGWOOD MANAGEMENT CORPORATION 401(K) SAVINGS PLAN is -11.88%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LONGWOOD MANAGEMENT CORPORATION 401(K) SAVINGS PLAN is 0.36%.

Enrollment Features

LONGWOOD MANAGEMENT CORPORATION 401(K) SAVINGS 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.