LOWE ENTERPRISES, INC. AND CORALTREE HOSPITALITY GROUP LLC EMPLOYEE 401(K) PLAN

Overview

Plan Contact

  • Address: 11777 SAN VICENTE BLVD,,LOS ANGELES,CA
  • Contact person: CHRISTOPHER CURRIE
  • Phone: (310) 820-6661

Plan General Information


At the end of 2022, the total retirement plan assets of LOWE ENTERPRISES, INC. AND CORALTREE HOSPITALITY GROUP LLC EMPLOYEE 401(K) PLAN is $160,986,913.This plan was established in 1984.

At the end of 2022, the total number of retirement plan participants in LOWE ENTERPRISES, INC. AND CORALTREE HOSPITALITY GROUP LLC EMPLOYEE 401(K) PLAN is 3388

In 2022, the average participant retirement account value for LOWE ENTERPRISES, INC. AND CORALTREE HOSPITALITY GROUP LLC EMPLOYEE 401(K) PLAN is $47,516

In 2022, the estimated average employee contribution amount per participant for LOWE ENTERPRISES, INC. AND CORALTREE HOSPITALITY GROUP LLC EMPLOYEE 401(K) PLAN is $2,620

In 2022, the estimated average employer match for an employee in LOWE ENTERPRISES, INC. AND CORALTREE HOSPITALITY GROUP LLC EMPLOYEE 401(K) PLAN is approximately $1,039

In 2022, LOWE ENTERPRISES, INC. AND CORALTREE HOSPITALITY GROUP LLC EMPLOYEE 401(K) PLAN allocates $3,520,785 to match its employees’ contributions, providing an employer match rate of 45.24% of their contributions

In 2022, the total retirement plan asset growth rate of LOWE ENTERPRISES, INC. AND CORALTREE HOSPITALITY GROUP LLC EMPLOYEE 401(K) PLAN is -16.66%

In 2022, the estimated aggregate retirement account investment gain/loss for LOWE ENTERPRISES, INC. AND CORALTREE HOSPITALITY GROUP LLC EMPLOYEE 401(K) PLAN is -16.16%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOWE ENTERPRISES, INC. AND CORALTREE HOSPITALITY GROUP LLC EMPLOYEE 401(K) PLAN is 0.13%.

Enrollment Features

LOWE ENTERPRISES, INC. AND CORALTREE HOSPITALITY GROUP LLC EMPLOYEE 401(K) PLAN has the following features:
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.