EDGAR'S OLD STYLE BAKERY, INC. 401(K) PLAN
Plan Contact
- Address: 499 SOUTHGATE DRIVE,PELHAM,AL
- Contact person: KIMBERLY PEARSON
- Phone: (205) 987-0790
Plan General Information
EDGAR'S OLD STYLE BAKERY, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of EDGAR'S OLD STYLE BAKERY, INC. 401(K) PLAN is $889,321.00.This plan was established in 2017.
EDGAR'S OLD STYLE BAKERY, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in EDGAR'S OLD STYLE BAKERY, INC. 401(K) PLAN is 158
EDGAR'S OLD STYLE BAKERY, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2022, the average participant retirement account value for EDGAR'S OLD STYLE BAKERY, INC. 401(K) PLAN is $5,628.00
EDGAR'S OLD STYLE BAKERY, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for EDGAR'S OLD STYLE BAKERY, INC. 401(K) PLAN is $964.00.
EDGAR'S OLD STYLE BAKERY, INC. 401(K) PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in EDGAR'S OLD STYLE BAKERY, INC. 401(K) PLAN is approximately $418.00
Investing in this additonal $418.00 for 20 years would give you extra $26,801.00, assuming a 10% annual return.
Investing in this additonal $418.00 for 20 years would give you extra $26,801.00, assuming a 10% annual return.
EDGAR'S OLD STYLE BAKERY, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2022, EDGAR'S OLD STYLE BAKERY, INC. 401(K) PLAN allocates $66,167.00 to match its employees' contributions, providing an employer match rate of 45.57% of their contributions
EDGAR'S OLD STYLE BAKERY, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of EDGAR'S OLD STYLE BAKERY, INC. 401(K) PLAN is 4.74%.
EDGAR'S OLD STYLE BAKERY, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for EDGAR'S OLD STYLE BAKERY, INC. 401(K) PLAN is -15.20%. This measures the effectiveness of the plan participants' investments in the year.
EDGAR'S OLD STYLE BAKERY, INC. 401(K) PLAN Expense Ratio
In 2022, the investment and administrative expense ratio of EDGAR'S OLD STYLE BAKERY, INC. 401(K) PLAN is 1.32%.
Enrollment Features
EDGAR'S OLD STYLE BAKERY, 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.
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