LOOP LLC EMPLOYEES’ SAVINGS PLAN

At the end of 2022, the total retirement plan assets of LOOP LLC EMPLOYEES’ SAVINGS PLAN is $83,109,711.This plan was established in 1978.

At the end of 2022, the total number of retirement plan participants in LOOP LLC EMPLOYEES’ SAVINGS PLAN is 241

In 2022, the average participant retirement account value for LOOP LLC EMPLOYEES’ SAVINGS PLAN is $344,853

In 2022, the estimated average employee contribution amount per participant for LOOP LLC EMPLOYEES’ SAVINGS PLAN is $11,945

In 2022, the estimated average employer match for an employee in LOOP LLC EMPLOYEES’ SAVINGS PLAN is approximately $6,400

In 2022, LOOP LLC EMPLOYEES’ SAVINGS PLAN allocates $1,542,473 to match its employees’ contributions, providing an employer match rate of 53.03% of their contributions

In 2022, the total retirement plan asset growth rate of LOOP LLC EMPLOYEES’ SAVINGS PLAN is -17.25%

In 2022, the estimated aggregate retirement account investment gain/loss for LOOP LLC EMPLOYEES’ SAVINGS PLAN is -15.77%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOOP LLC EMPLOYEES’ SAVINGS PLAN is 0.00%.

Enrollment Features

LOOP LLC EMPLOYEES’ 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.