LOVELACE BIOMEDICAL RESEARCH INSTITUTE TDA AND DC PLAN

At the end of 2022, the total retirement plan assets of LOVELACE BIOMEDICAL RESEARCH INSTITUTE TDA AND DC PLAN is $99,411,613.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in LOVELACE BIOMEDICAL RESEARCH INSTITUTE TDA AND DC PLAN is 1097

In 2022, the average participant retirement account value for LOVELACE BIOMEDICAL RESEARCH INSTITUTE TDA AND DC PLAN is $90,621

In 2022, the estimated average employee contribution amount per participant for LOVELACE BIOMEDICAL RESEARCH INSTITUTE TDA AND DC PLAN is $1,552

In 2022, the estimated average employer match for an employee in LOVELACE BIOMEDICAL RESEARCH INSTITUTE TDA AND DC PLAN is approximately $1,879

In 2022, LOVELACE BIOMEDICAL RESEARCH INSTITUTE TDA AND DC PLAN allocates $2,062,328 to match its employees’ contributions, providing an employer match rate of 122.07% of their contributions

In 2022, the total retirement plan asset growth rate of LOVELACE BIOMEDICAL RESEARCH INSTITUTE TDA AND DC PLAN is -10.66%

In 2022, the estimated aggregate retirement account investment gain/loss for LOVELACE BIOMEDICAL RESEARCH INSTITUTE TDA AND DC PLAN is -10.32%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOVELACE BIOMEDICAL RESEARCH INSTITUTE TDA AND DC PLAN is 0.02%.

Enrollment Features

LOVELACE BIOMEDICAL RESEARCH INSTITUTE TDA AND DC 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.