LOWEN HOSPITALITY MANAGEMENT, LLC 401(K) PLAN

At the end of 2022, the total retirement plan assets of LOWEN HOSPITALITY MANAGEMENT, LLC 401(K) PLAN is $558,895.This plan was established in 2018.

At the end of 2022, the total number of retirement plan participants in LOWEN HOSPITALITY MANAGEMENT, LLC 401(K) PLAN is 146

In 2022, the average participant retirement account value for LOWEN HOSPITALITY MANAGEMENT, LLC 401(K) PLAN is $3,828

In 2022, the estimated average employee contribution amount per participant for LOWEN HOSPITALITY MANAGEMENT, LLC 401(K) PLAN is $501

In 2022, the estimated average employer match for an employee in LOWEN HOSPITALITY MANAGEMENT, LLC 401(K) PLAN is approximately $382

In 2022, LOWEN HOSPITALITY MANAGEMENT, LLC 401(K) PLAN allocates $55,873 to match its employees’ contributions, providing an employer match rate of 74.02% of their contributions

In 2022, the total retirement plan asset growth rate of LOWEN HOSPITALITY MANAGEMENT, LLC 401(K) PLAN is 0.09%

In 2022, the estimated aggregate retirement account investment gain/loss for LOWEN HOSPITALITY MANAGEMENT, LLC 401(K) PLAN is -13.77%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOWEN HOSPITALITY MANAGEMENT, LLC 401(K) PLAN is 2.18%.

Enrollment Features

LOWEN HOSPITALITY MANAGEMENT, LLC 401(K) 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.