LOUISBURG COLLEGE 403(B) PLAN

At the end of 2022, the total retirement plan assets of LOUISBURG COLLEGE 403(B) PLAN is $14,125,401.This plan was established in 2022.

At the end of 2022, the total number of retirement plan participants in LOUISBURG COLLEGE 403(B) PLAN is 519

In 2022, the average participant retirement account value for LOUISBURG COLLEGE 403(B) PLAN is $27,216

In 2022, the estimated average employee contribution amount per participant for LOUISBURG COLLEGE 403(B) PLAN is $465

In 2022, the estimated average employer match for an employee in LOUISBURG COLLEGE 403(B) PLAN is approximately $399

In 2022, LOUISBURG COLLEGE 403(B) PLAN allocates $207,227 to match its employees’ contributions, providing an employer match rate of 85.86% of their contributions

In 2022, the total retirement plan asset growth rate of LOUISBURG COLLEGE 403(B) PLAN is -8.49%

In 2022, the estimated aggregate retirement account investment gain/loss for LOUISBURG COLLEGE 403(B) PLAN is -3.51%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOUISBURG COLLEGE 403(B) PLAN is 0.08%.

Enrollment Features

LOUISBURG COLLEGE 403(B) 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.