LOOMIS, SAYLES & COMPANY, L.P. EMPLOYEES’ PROFIT SHARING RETIREMENT PLAN
Overview
Plan Contact
- Address: ONE FINANCIAL CENTER,BOSTON,MA
- Contact person: ESTELLE BURTON
- Phone: (617) 346-9877
Plan General Information
At the end of 2022, the total retirement plan assets of LOOMIS, SAYLES & COMPANY, L.P. EMPLOYEES’ PROFIT SHARING RETIREMENT PLAN is $490,347,059.This plan was established in 1952.
At the end of 2022, the total number of retirement plan participants in LOOMIS, SAYLES & COMPANY, L.P. EMPLOYEES’ PROFIT SHARING RETIREMENT PLAN is 955
In 2022, the average participant retirement account value for LOOMIS, SAYLES & COMPANY, L.P. EMPLOYEES’ PROFIT SHARING RETIREMENT PLAN is $513,452
In 2022, the estimated average employee contribution amount per participant for LOOMIS, SAYLES & COMPANY, L.P. EMPLOYEES’ PROFIT SHARING RETIREMENT PLAN is $10,650
In 2022, the estimated average employer match for an employee in LOOMIS, SAYLES & COMPANY, L.P. EMPLOYEES’ PROFIT SHARING RETIREMENT PLAN is approximately $13,713
In 2022, LOOMIS, SAYLES & COMPANY, L.P. EMPLOYEES’ PROFIT SHARING RETIREMENT PLAN allocates $13,096,004 to match its employees’ contributions, providing an employer match rate of 131.72% of their contributions
In 2022, the total retirement plan asset growth rate of LOOMIS, SAYLES & COMPANY, L.P. EMPLOYEES’ PROFIT SHARING RETIREMENT PLAN is -16.74%
In 2022, the estimated aggregate retirement account investment gain/loss for LOOMIS, SAYLES & COMPANY, L.P. EMPLOYEES’ PROFIT SHARING RETIREMENT PLAN is -16.17%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LOOMIS, SAYLES & COMPANY, L.P. EMPLOYEES’ PROFIT SHARING RETIREMENT PLAN is 0.05%.
Enrollment Features
LOOMIS, SAYLES & COMPANY, L.P. EMPLOYEES’ PROFIT SHARING RETIREMENT 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.