LOWRY SOLUTIONS, INC. 401(K) PSP
Overview
Plan Contact
- Address: 9420 MALTBY ROAD,BRIGHTON,MI
- Contact person: DEBORAH CURTIS
- Phone: (810) 534-1619
Plan General Information
At the end of 2022, the total retirement plan assets of LOWRY SOLUTIONS, INC. 401(K) PSP is $10,201,465.This plan was established in 1989.
At the end of 2022, the total number of retirement plan participants in LOWRY SOLUTIONS, INC. 401(K) PSP is 110
In 2022, the average participant retirement account value for LOWRY SOLUTIONS, INC. 401(K) PSP is $92,740
In 2022, the estimated average employee contribution amount per participant for LOWRY SOLUTIONS, INC. 401(K) PSP is $6,519
In 2022, the estimated average employer match for an employee in LOWRY SOLUTIONS, INC. 401(K) PSP is approximately $838
In 2022, LOWRY SOLUTIONS, INC. 401(K) PSP allocates $92,249 to match its employees’ contributions, providing an employer match rate of 12.63% of their contributions
In 2022, the total retirement plan asset growth rate of LOWRY SOLUTIONS, INC. 401(K) PSP is -16.54%
In 2022, the estimated aggregate retirement account investment gain/loss for LOWRY SOLUTIONS, INC. 401(K) PSP is -16.27%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LOWRY SOLUTIONS, INC. 401(K) PSP is 0.32%.
Enrollment Features
LOWRY SOLUTIONS, INC. 401(K) PSP 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.