LOYAL SOURCE GOVERNMENT SERVICES 401(K) PLAN

At the end of 2022, the total retirement plan assets of LOYAL SOURCE GOVERNMENT SERVICES 401(K) PLAN is $9,746,461.This plan was established in 2019.

At the end of 2022, the total number of retirement plan participants in LOYAL SOURCE GOVERNMENT SERVICES 401(K) PLAN is 4999

In 2022, the average participant retirement account value for LOYAL SOURCE GOVERNMENT SERVICES 401(K) PLAN is $1,949

In 2022, the estimated average employee contribution amount per participant for LOYAL SOURCE GOVERNMENT SERVICES 401(K) PLAN is $728

In 2022, the estimated average employer match for an employee in LOYAL SOURCE GOVERNMENT SERVICES 401(K) PLAN is approximately $14

In 2022, LOYAL SOURCE GOVERNMENT SERVICES 401(K) PLAN allocates $71,955 to match its employees’ contributions, providing an employer match rate of 2.17% of their contributions

In 2022, the total retirement plan asset growth rate of LOYAL SOURCE GOVERNMENT SERVICES 401(K) PLAN is -8.56%

In 2022, the estimated aggregate retirement account investment gain/loss for LOYAL SOURCE GOVERNMENT SERVICES 401(K) PLAN is -15.78%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOYAL SOURCE GOVERNMENT SERVICES 401(K) PLAN is 1.24%.

Enrollment Features

LOYAL SOURCE GOVERNMENT SERVICES 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.