LOOP LLC EMPLOYEES’ SAVINGS PLAN

Employer Match

An employer match is deemed as ‘free’ money wherein your employer contributes additional funds to your allocated retirement savings plan. The matching amount can frequently be several percentage points of your compensation. Don’t avoid this free salary ‘raise’.

In 2022, LOOP LLC EMPLOYEES’ SAVINGS PLAN allocates $1,542,473 to match its employees’ contributions, providing an employer match rate of 53.03% of their contributions

In 2022, the estimated average employer match for an employee in LOOP LLC EMPLOYEES’ SAVINGS PLAN is approximately $6,400