LAWRENCE ACADEMY RETIREMENT PLAN

Plan Contact

  • Address: 26 POWDERHOUSE ROAD,,GROTON,MA
  • Contact person: ROBERT KRAMER
  • Phone: (978) 448-1514

Plan General Information

LAWRENCE ACADEMY RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of LAWRENCE ACADEMY RETIREMENT PLAN is $32,810,669.00.This plan was established in 1957.

LAWRENCE ACADEMY RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in LAWRENCE ACADEMY RETIREMENT PLAN is 359

LAWRENCE ACADEMY RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for LAWRENCE ACADEMY RETIREMENT PLAN is $91,394.00

LAWRENCE ACADEMY RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for LAWRENCE ACADEMY RETIREMENT PLAN is $2,795.00.

LAWRENCE ACADEMY RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in LAWRENCE ACADEMY RETIREMENT PLAN is approximately $2,401.00
Investing in this additonal $2,401.00 for 20 years would give you extra $153,722.00, assuming a 10% annual return.

LAWRENCE ACADEMY RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, LAWRENCE ACADEMY RETIREMENT PLAN allocates $862,288.00 to match its employees' contributions, providing an employer match rate of 91.27% of their contributions

LAWRENCE ACADEMY RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of LAWRENCE ACADEMY RETIREMENT PLAN is 12.71%.

LAWRENCE ACADEMY RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for LAWRENCE ACADEMY RETIREMENT PLAN is 16.19%. This measures the effectiveness of the plan participants' investments in the year.

LAWRENCE ACADEMY RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of LAWRENCE ACADEMY RETIREMENT PLAN is 0.07%.

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