LOEKS THEATRES, INC. 401(K) PLAN
Overview
Plan Contact
- Address: 2121 CELEBRATION DR., NE,GRAND RAPIDS,MI
- Contact person: NANCY HAGAN
- Phone: (616) 447-4200
Plan General Information
At the end of 2022, the total retirement plan assets of LOEKS THEATRES, INC. 401(K) PLAN is $10,113,376.This plan was established in 1995.
At the end of 2022, the total number of retirement plan participants in LOEKS THEATRES, INC. 401(K) PLAN is 265
In 2022, the average participant retirement account value for LOEKS THEATRES, INC. 401(K) PLAN is $38,163
In 2022, the estimated average employee contribution amount per participant for LOEKS THEATRES, INC. 401(K) PLAN is $1,368
In 2022, the estimated average employer match for an employee in LOEKS THEATRES, INC. 401(K) PLAN is approximately $147
In 2022, LOEKS THEATRES, INC. 401(K) PLAN allocates $39,156 to match its employees’ contributions, providing an employer match rate of 10.58% of their contributions
In 2022, the total retirement plan asset growth rate of LOEKS THEATRES, INC. 401(K) PLAN is -17.34%
In 2022, the estimated aggregate retirement account investment gain/loss for LOEKS THEATRES, INC. 401(K) PLAN is -17.01%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LOEKS THEATRES, INC. 401(K) PLAN is 0.54%.
Enrollment Features
LOEKS THEATRES, INC. 401(K) PLAN has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.