LORAS COLLEGE 403(B) RETIREMENT 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 2021, LORAS COLLEGE 403(B) RETIREMENT PLAN allocates $680,481 to match its employees’ contributions, providing an employer match rate of 80.74% of their contributions

In 2021, the estimated average employer match for an employee in LORAS COLLEGE 403(B) RETIREMENT PLAN is approximately $929