LOOP-LOC, LTD. 401(K) PLAN

At the end of 2022, the total retirement plan assets of LOOP-LOC, LTD. 401(K) PLAN is $14,648,723.This plan was established in 1985.

At the end of 2022, the total number of retirement plan participants in LOOP-LOC, LTD. 401(K) PLAN is 231

In 2022, the average participant retirement account value for LOOP-LOC, LTD. 401(K) PLAN is $63,414

In 2022, the estimated average employee contribution amount per participant for LOOP-LOC, LTD. 401(K) PLAN is $1,728

In 2022, the estimated average employer match for an employee in LOOP-LOC, LTD. 401(K) PLAN is approximately $614

In 2022, LOOP-LOC, LTD. 401(K) PLAN allocates $141,923 to match its employees’ contributions, providing an employer match rate of 37.58% of their contributions

In 2022, the total retirement plan asset growth rate of LOOP-LOC, LTD. 401(K) PLAN is -19.29%

In 2022, the estimated aggregate retirement account investment gain/loss for LOOP-LOC, LTD. 401(K) PLAN is -20.45%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOOP-LOC, LTD. 401(K) PLAN is 0.01%.

Enrollment Features

LOOP-LOC, LTD. 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.