LOYOLA UNIVERSITY CHICAGO DEFINED CONTRIBUTION RETIREMENT PLAN

Overview

Plan Contact

  • Address: 820 N. MICHIGAN AVENUE,CHICAGO,IL
  • Contact person: THOMAS M KELLY
  • Phone: (312) 915-6175

Plan General Information


At the end of 2022, the total retirement plan assets of LOYOLA UNIVERSITY CHICAGO DEFINED CONTRIBUTION RETIREMENT PLAN is $998,663,620.This plan was established in 1970.

At the end of 2022, the total number of retirement plan participants in LOYOLA UNIVERSITY CHICAGO DEFINED CONTRIBUTION RETIREMENT PLAN is 8122

In 2022, the average participant retirement account value for LOYOLA UNIVERSITY CHICAGO DEFINED CONTRIBUTION RETIREMENT PLAN is $122,957

In 2022, the estimated average employee contribution amount per participant for LOYOLA UNIVERSITY CHICAGO DEFINED CONTRIBUTION RETIREMENT PLAN is $2,785

In 2022, the estimated average employer match for an employee in LOYOLA UNIVERSITY CHICAGO DEFINED CONTRIBUTION RETIREMENT PLAN is approximately $2,794

In 2022, LOYOLA UNIVERSITY CHICAGO DEFINED CONTRIBUTION RETIREMENT PLAN allocates $22,699,988 to match its employees’ contributions, providing an employer match rate of 100.71% of their contributions

In 2022, the total retirement plan asset growth rate of LOYOLA UNIVERSITY CHICAGO DEFINED CONTRIBUTION RETIREMENT PLAN is -14.70%

In 2022, the estimated aggregate retirement account investment gain/loss for LOYOLA UNIVERSITY CHICAGO DEFINED CONTRIBUTION RETIREMENT PLAN is -13.47%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOYOLA UNIVERSITY CHICAGO DEFINED CONTRIBUTION RETIREMENT PLAN is 0.04%.

Enrollment Features

LOYOLA UNIVERSITY CHICAGO DEFINED CONTRIBUTION RETIREMENT PLAN has the following features:
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.