LOWE ELECTRIC 401(K) PROFIT SHARING PLAN
Overview
Plan Contact
- Address: 1525 FORSYTH ST,MACON,GA
- Contact person: VICKIE WARNER
- Phone: (478) 743-8661
Plan General Information
At the end of 2022, the total retirement plan assets of LOWE ELECTRIC 401(K) PROFIT SHARING PLAN is $9,406,905.This plan was established in 1969.
At the end of 2022, the total number of retirement plan participants in LOWE ELECTRIC 401(K) PROFIT SHARING PLAN is 166
In 2022, the average participant retirement account value for LOWE ELECTRIC 401(K) PROFIT SHARING PLAN is $56,668
In 2022, the estimated average employee contribution amount per participant for LOWE ELECTRIC 401(K) PROFIT SHARING PLAN is $3,516
In 2022, the estimated average employer match for an employee in LOWE ELECTRIC 401(K) PROFIT SHARING PLAN is approximately $1,877
In 2022, LOWE ELECTRIC 401(K) PROFIT SHARING PLAN allocates $311,635 to match its employees’ contributions, providing an employer match rate of 52.29% of their contributions
In 2022, the total retirement plan asset growth rate of LOWE ELECTRIC 401(K) PROFIT SHARING PLAN is -19.94%
In 2022, the estimated aggregate retirement account investment gain/loss for LOWE ELECTRIC 401(K) PROFIT SHARING PLAN is -18.82%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LOWE ELECTRIC 401(K) PROFIT SHARING PLAN is 0.05%.