LOWERS RISK GROUP, LLC 401(K) PLAN

At the end of 2022, the total retirement plan assets of LOWERS RISK GROUP, LLC 401(K) PLAN is $5,816,449.This plan was established in 2007.

At the end of 2022, the total number of retirement plan participants in LOWERS RISK GROUP, LLC 401(K) PLAN is 653

In 2022, the average participant retirement account value for LOWERS RISK GROUP, LLC 401(K) PLAN is $8,907

In 2022, the estimated average employee contribution amount per participant for LOWERS RISK GROUP, LLC 401(K) PLAN is $1,590

In 2022, the estimated average employer match for an employee in LOWERS RISK GROUP, LLC 401(K) PLAN is approximately $411

In 2022, LOWERS RISK GROUP, LLC 401(K) PLAN allocates $268,897 to match its employees’ contributions, providing an employer match rate of 28.35% of their contributions

In 2022, the total retirement plan asset growth rate of LOWERS RISK GROUP, LLC 401(K) PLAN is -33.08%

In 2022, the estimated aggregate retirement account investment gain/loss for LOWERS RISK GROUP, LLC 401(K) PLAN is -37.00%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOWERS RISK GROUP, LLC 401(K) PLAN is 1.02%.

Enrollment Features

LOWERS RISK GROUP, 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.