LOWELL OBSERVATORY 403(B) RETIREMENT ANNUITY PLAN
Overview
Plan Contact
- Address: 1400 W MARS HILL RD,FLAGSTAFF,AZ
- Contact person: CATIE BLAZEK
- Phone: (928) 233-3290
Plan General Information
At the end of 2022, the total retirement plan assets of LOWELL OBSERVATORY 403(B) RETIREMENT ANNUITY PLAN is $27,696,779.This plan was established in 1953.
At the end of 2022, the total number of retirement plan participants in LOWELL OBSERVATORY 403(B) RETIREMENT ANNUITY PLAN is 189
In 2022, the average participant retirement account value for LOWELL OBSERVATORY 403(B) RETIREMENT ANNUITY PLAN is $146,543
In 2022, the estimated average employee contribution amount per participant for LOWELL OBSERVATORY 403(B) RETIREMENT ANNUITY PLAN is $3,487
In 2022, the estimated average employer match for an employee in LOWELL OBSERVATORY 403(B) RETIREMENT ANNUITY PLAN is approximately $2,215
In 2022, LOWELL OBSERVATORY 403(B) RETIREMENT ANNUITY PLAN allocates $418,786 to match its employees’ contributions, providing an employer match rate of 53.48% of their contributions
In 2022, the total retirement plan asset growth rate of LOWELL OBSERVATORY 403(B) RETIREMENT ANNUITY PLAN is -11.79%
In 2022, the estimated aggregate retirement account investment gain/loss for LOWELL OBSERVATORY 403(B) RETIREMENT ANNUITY PLAN is -52.37%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LOWELL OBSERVATORY 403(B) RETIREMENT ANNUITY PLAN is -59.52%.
Enrollment Features
LOWELL OBSERVATORY 403(B) RETIREMENT ANNUITY 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.