Department of Labor filing

LOWELL OBSERVATORY

LOWELL OBSERVATORY 403(B) RETIREMENT ANNUITY PLAN · For the plan year ended Dec 31, 2022

Public filing 2022 · received Oct 16, 2023Verified current terms Not available

Plan at a glance

How good does the filing look?

There is not enough comparable filing data to judge this plan yet. This is a filing comparison, not a complete benefits score.

$Employer support

$2,792

Reported employer contributions per active participant.

Higher than about 55% of comparable plans

#People in the filing

150

Active participants reported for 2022.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

-$87,216 / participant

Reported administrative expense—not every fee an employee may pay.

↗Investment performance

Not available

Plan assets changed -11.8%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 2022—There is not enough comparable filing data to calculate this yet.

How this filing compares

Reported employer contributions55th percentileTypical peer $2,494 · based on 6,040 comparable plans

Lower reported administrative expenseNot enough dataTypical peer $134 · based on 6,370 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2022, LOWELL OBSERVATORY reported $418,786 in employer contributions across the plan and 150 active participants. That works out to $2,792 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy70%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 0.0%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 0.0%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer contextNot enough data

Comparable-plan data is too limited for a score.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $418,786
Participant contributions: $783,020
Other contributions: $230,680
Employer share of reported contributions: 34.8%
Beginning assets: $31,397,651
Ending assets: $27,696,779
Ending net assets: $27,696,779
Ending liabilities: $0
Total income: -$19,531,201
Total expenses: -$15,830,329
Administrative expenses: -$16,483,811
Participant loans: $42,975

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$2,792

Plan-paid administrative expenses per participant

2022

-$87,216

Active participants

2022

150

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2022	$2,792	150	27.7M	20231016135748NAL0051197360001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 0.2%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 860098918-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jul 1, 1953
Industry: Professional, scientific, and technical services
Amended filing: Yes
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2G2J2K2S2T

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
AMERICAN CENTURY INVESTMENTS	2022	Not reported	unknown
AMERICAN FUNDS	2022	Not reported	unknown
CALVERT RESEARCH AND MANAGEMENT	2022	Not reported	unknown
DELAWARE FUNDS BY MACQUARIE	2022	Not reported	unknown
DWS	2022	Not reported	unknown
FIDELITY INVESTMENTS	2022	Not reported	unknown
GOLDMAN SACHS	2022	Not reported	unknown
INVESCO	2022	Not reported	unknown
MFS	2022	Not reported	unknown
MUTUAL OF AMERICA	2022	Not reported	unknown
NEUBERGER BERMAN	2022	Not reported	unknown
PIMCO	2022	Not reported	unknown
T. ROWE PRICE	2022	Not reported	unknown
VANGUARD	2022	Not reported	unknown
VICTORY CAPITAL MANAGEMENT INC.	2022	Not reported	unknown

Current plan terms

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Filing ACK_ID20231016135748NAL0051197360001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗