LOS ANGELES REGIONAL FOOD BANK 403(B) PLAN

At the end of 2022, the total retirement plan assets of LOS ANGELES REGIONAL FOOD BANK 403(B) PLAN is $4,965,830.This plan was established in 2008.

At the end of 2022, the total number of retirement plan participants in LOS ANGELES REGIONAL FOOD BANK 403(B) PLAN is 194

In 2022, the average participant retirement account value for LOS ANGELES REGIONAL FOOD BANK 403(B) PLAN is $25,597

In 2022, the estimated average employee contribution amount per participant for LOS ANGELES REGIONAL FOOD BANK 403(B) PLAN is $2,936

In 2022, the estimated average employer match for an employee in LOS ANGELES REGIONAL FOOD BANK 403(B) PLAN is approximately $1,438

In 2022, LOS ANGELES REGIONAL FOOD BANK 403(B) PLAN allocates $278,983 to match its employees’ contributions, providing an employer match rate of 51.91% of their contributions

In 2022, the total retirement plan asset growth rate of LOS ANGELES REGIONAL FOOD BANK 403(B) PLAN is -6.73%

In 2022, the estimated aggregate retirement account investment gain/loss for LOS ANGELES REGIONAL FOOD BANK 403(B) PLAN is -16.91%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOS ANGELES REGIONAL FOOD BANK 403(B) PLAN is 1.06%.

Enrollment Features

LOS ANGELES REGIONAL FOOD BANK 403(B) 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.