LOWRY SOLUTIONS, INC. 401(K) PSP

Plan Contact

  • Address: 9420 MALTBY ROAD,BRIGHTON,MI
  • Contact person: DEBORAH T CURTIS
  • Phone: (810) 534-1619

Plan General Information

LOWRY SOLUTIONS, INC. 401(K) PSP Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of LOWRY SOLUTIONS, INC. 401(K) PSP is $11,919,439.00.This plan was established in 1989.

LOWRY SOLUTIONS, INC. 401(K) PSP Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in LOWRY SOLUTIONS, INC. 401(K) PSP is 113

LOWRY SOLUTIONS, INC. 401(K) PSP Average Participant Retirement Account Value

In 2023, the average participant retirement account value for LOWRY SOLUTIONS, INC. 401(K) PSP is $105,481.00

LOWRY SOLUTIONS, INC. 401(K) PSP Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for LOWRY SOLUTIONS, INC. 401(K) PSP is $6,337.00.

LOWRY SOLUTIONS, INC. 401(K) PSP Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in LOWRY SOLUTIONS, INC. 401(K) PSP is approximately $865.00
Investing in this additonal $865.00 for 20 years would give you extra $55,362.00, assuming a 10% annual return.

LOWRY SOLUTIONS, INC. 401(K) PSP Total Employer Contribution and Match Rate

In 2023, LOWRY SOLUTIONS, INC. 401(K) PSP allocates $97,749.00 to match its employees' contributions, providing an employer match rate of 13.59% of their contributions

LOWRY SOLUTIONS, INC. 401(K) PSP Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of LOWRY SOLUTIONS, INC. 401(K) PSP is 16.84%.

LOWRY SOLUTIONS, INC. 401(K) PSP Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for LOWRY SOLUTIONS, INC. 401(K) PSP is 20.02%. This measures the effectiveness of the plan participants' investments in the year.

LOWRY SOLUTIONS, INC. 401(K) PSP Expense Ratio

In 2023, the investment and administrative expense ratio of LOWRY SOLUTIONS, INC. 401(K) PSP is 0.29%.

Enrollment Features

LOWRY SOLUTIONS, INC. 401(K) PSP has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

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