LOVE’S AND AFFILIATED COMPANIES 401(K) SAVINGS PLAN

At the end of 2022, the total retirement plan assets of LOVE’S AND AFFILIATED COMPANIES 401(K) SAVINGS PLAN is $253,354,743.This plan was established in 1994.

At the end of 2022, the total number of retirement plan participants in LOVE’S AND AFFILIATED COMPANIES 401(K) SAVINGS PLAN is 20975

In 2022, the average participant retirement account value for LOVE’S AND AFFILIATED COMPANIES 401(K) SAVINGS PLAN is $12,078

In 2022, the estimated average employee contribution amount per participant for LOVE’S AND AFFILIATED COMPANIES 401(K) SAVINGS PLAN is $1,431

In 2022, the estimated average employer match for an employee in LOVE’S AND AFFILIATED COMPANIES 401(K) SAVINGS PLAN is approximately $730

In 2022, LOVE’S AND AFFILIATED COMPANIES 401(K) SAVINGS PLAN allocates $15,314,121 to match its employees’ contributions, providing an employer match rate of 54.71% of their contributions

In 2022, the total retirement plan asset growth rate of LOVE’S AND AFFILIATED COMPANIES 401(K) SAVINGS PLAN is -9.32%

In 2022, the estimated aggregate retirement account investment gain/loss for LOVE’S AND AFFILIATED COMPANIES 401(K) SAVINGS PLAN is -16.61%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOVE’S AND AFFILIATED COMPANIES 401(K) SAVINGS PLAN is 0.18%.

Enrollment Features

LOVE’S AND AFFILIATED COMPANIES 401(K) 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.