LOYOLA UNIVERSITY RETIREMENT PLAN
Overview
Plan Contact
- Address: 6363 ST. CHARLES AVENUE,,,NEW ORLEANS,LA
- Contact person: CAROL MARKOWITZ
- Phone: (504) 864-7272
Plan General Information
At the end of 2022, the total retirement plan assets of LOYOLA UNIVERSITY RETIREMENT PLAN is $188,542,297.This plan was established in 1969.
At the end of 2022, the total number of retirement plan participants in LOYOLA UNIVERSITY RETIREMENT PLAN is 1881
In 2022, the average participant retirement account value for LOYOLA UNIVERSITY RETIREMENT PLAN is $100,235
In 2022, the estimated average employee contribution amount per participant for LOYOLA UNIVERSITY RETIREMENT PLAN is $810
In 2022, the estimated average employer match for an employee in LOYOLA UNIVERSITY RETIREMENT PLAN is approximately $463
In 2022, LOYOLA UNIVERSITY RETIREMENT PLAN allocates $872,684 to match its employees’ contributions, providing an employer match rate of 56.87% of their contributions
In 2022, the total retirement plan asset growth rate of LOYOLA UNIVERSITY RETIREMENT PLAN is -13.71%
In 2022, the estimated aggregate retirement account investment gain/loss for LOYOLA UNIVERSITY RETIREMENT PLAN is -10.15%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LOYOLA UNIVERSITY RETIREMENT PLAN is 0.05%.
Enrollment Features
LOYOLA UNIVERSITY 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.