LOUDOUN MEDICAL GROUP RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of LOUDOUN MEDICAL GROUP RETIREMENT PLAN is $136,916,504.This plan was established in 2001.

At the end of 2022, the total number of retirement plan participants in LOUDOUN MEDICAL GROUP RETIREMENT PLAN is 1620

In 2022, the average participant retirement account value for LOUDOUN MEDICAL GROUP RETIREMENT PLAN is $84,516

In 2022, the estimated average employee contribution amount per participant for LOUDOUN MEDICAL GROUP RETIREMENT PLAN is $4,445

In 2022, the estimated average employer match for an employee in LOUDOUN MEDICAL GROUP RETIREMENT PLAN is approximately $4,061

In 2022, LOUDOUN MEDICAL GROUP RETIREMENT PLAN allocates $6,580,249 to match its employees’ contributions, providing an employer match rate of 94.31% of their contributions

In 2022, the total retirement plan asset growth rate of LOUDOUN MEDICAL GROUP RETIREMENT PLAN is -14.09%

In 2022, the estimated aggregate retirement account investment gain/loss for LOUDOUN MEDICAL GROUP RETIREMENT PLAN is -16.15%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOUDOUN MEDICAL GROUP RETIREMENT PLAN is 0.23%.

Enrollment Features

LOUDOUN MEDICAL GROUP RETIREMENT 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.