LOPEZ-DORADA 401(K) PLAN

At the end of 2022, the total retirement plan assets of LOPEZ-DORADA 401(K) PLAN is $53,854,286.This plan was established in 1990.

At the end of 2022, the total number of retirement plan participants in LOPEZ-DORADA 401(K) PLAN is 1753

In 2022, the average participant retirement account value for LOPEZ-DORADA 401(K) PLAN is $30,721

In 2022, the estimated average employee contribution amount per participant for LOPEZ-DORADA 401(K) PLAN is $2,262

In 2022, the estimated average employer match for an employee in LOPEZ-DORADA 401(K) PLAN is approximately $1,366

In 2022, LOPEZ-DORADA 401(K) PLAN allocates $2,394,677 to match its employees’ contributions, providing an employer match rate of 59.77% of their contributions

In 2022, the total retirement plan asset growth rate of LOPEZ-DORADA 401(K) PLAN is -8.52%

In 2022, the estimated aggregate retirement account investment gain/loss for LOPEZ-DORADA 401(K) PLAN is -12.44%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOPEZ-DORADA 401(K) PLAN is 0.28%.

Enrollment Features

LOPEZ-DORADA 401(K) 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.