LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A RETIREMENT PLAN is $87,735,891.This plan was established in 2022.

At the end of 2022, the total number of retirement plan participants in LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A RETIREMENT PLAN is 237

In 2022, the average participant retirement account value for LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A RETIREMENT PLAN is $370,193

In 2022, the estimated average employee contribution amount per participant for LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A RETIREMENT PLAN is $7,124

In 2022, the estimated average employer match for an employee in LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A RETIREMENT PLAN is approximately $5,776

In 2022, LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A RETIREMENT PLAN allocates $1,369,094 to match its employees’ contributions, providing an employer match rate of 81.08% of their contributions

In 2022, the total retirement plan asset growth rate of LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A RETIREMENT PLAN is 0.06%

In 2022, the estimated aggregate retirement account investment gain/loss for LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A RETIREMENT PLAN is 9.78%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A RETIREMENT PLAN is 0.16%.

Enrollment Features

LOWNDES, DROSDICK, DOSTER, KANTOR & REED, P.A RETIREMENT 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.