LOOMIS 401(K) PRE-TAX SAVINGS PLAN

At the end of 2022, the total retirement plan assets of LOOMIS 401(K) PRE-TAX SAVINGS PLAN is $195,170,634.This plan was established in 1992.

At the end of 2022, the total number of retirement plan participants in LOOMIS 401(K) PRE-TAX SAVINGS PLAN is 14723

In 2022, the average participant retirement account value for LOOMIS 401(K) PRE-TAX SAVINGS PLAN is $13,256

In 2022, the estimated average employee contribution amount per participant for LOOMIS 401(K) PRE-TAX SAVINGS PLAN is $1,843

In 2022, the estimated average employer match for an employee in LOOMIS 401(K) PRE-TAX SAVINGS PLAN is approximately $397

In 2022, LOOMIS 401(K) PRE-TAX SAVINGS PLAN allocates $5,850,669 to match its employees’ contributions, providing an employer match rate of 22.28% of their contributions

In 2022, the total retirement plan asset growth rate of LOOMIS 401(K) PRE-TAX SAVINGS PLAN is -10.75%

In 2022, the estimated aggregate retirement account investment gain/loss for LOOMIS 401(K) PRE-TAX SAVINGS PLAN is -15.80%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOOMIS 401(K) PRE-TAX SAVINGS PLAN is 0.51%.

Enrollment Features

LOOMIS 401(K) PRE-TAX SAVINGS PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.