LORING, WOLCOTT & COOLIDGE RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of LORING, WOLCOTT & COOLIDGE RETIREMENT SAVINGS PLAN is $25,306,632.This plan was established in 1987.

At the end of 2022, the total number of retirement plan participants in LORING, WOLCOTT & COOLIDGE RETIREMENT SAVINGS PLAN is 129

In 2022, the average participant retirement account value for LORING, WOLCOTT & COOLIDGE RETIREMENT SAVINGS PLAN is $196,175

In 2022, the estimated average employee contribution amount per participant for LORING, WOLCOTT & COOLIDGE RETIREMENT SAVINGS PLAN is $9,696

In 2022, the estimated average employer match for an employee in LORING, WOLCOTT & COOLIDGE RETIREMENT SAVINGS PLAN is approximately $4,765

In 2022, LORING, WOLCOTT & COOLIDGE RETIREMENT SAVINGS PLAN allocates $614,750 to match its employees’ contributions, providing an employer match rate of 49.92% of their contributions

In 2022, the total retirement plan asset growth rate of LORING, WOLCOTT & COOLIDGE RETIREMENT SAVINGS PLAN is -33.07%

In 2022, the estimated aggregate retirement account investment gain/loss for LORING, WOLCOTT & COOLIDGE RETIREMENT SAVINGS PLAN is -32.51%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LORING, WOLCOTT & COOLIDGE RETIREMENT SAVINGS PLAN is 0.00%.

Enrollment Features

LORING, WOLCOTT & COOLIDGE RETIREMENT SAVINGS 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.