LOW AND BONAR INC. RETIREMENT SAVINGS AND 401(K) 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, LOW AND BONAR INC. RETIREMENT SAVINGS AND 401(K) PLAN allocates $592,505 to match its employees’ contributions, providing an employer match rate of 127.82% of their contributions

In 2022, the estimated average employer match for an employee in LOW AND BONAR INC. RETIREMENT SAVINGS AND 401(K) PLAN is approximately $4,593