FOOD BANK OF THE ROCKIES RETIREMENT SAVINGS PLAN

Plan Contact

  • Address: 10700 E. 45TH AVENUE,DENVER,CO
  • Contact person: HEATHER MACKENDRICK
  • Phone: (303) 371-9250

Plan General Information

FOOD BANK OF THE ROCKIES RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of FOOD BANK OF THE ROCKIES RETIREMENT SAVINGS PLAN is $5,884,158.00.This plan was established in 2011.

FOOD BANK OF THE ROCKIES RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in FOOD BANK OF THE ROCKIES RETIREMENT SAVINGS PLAN is 237

FOOD BANK OF THE ROCKIES RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for FOOD BANK OF THE ROCKIES RETIREMENT SAVINGS PLAN is $24,827.00

FOOD BANK OF THE ROCKIES RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for FOOD BANK OF THE ROCKIES RETIREMENT SAVINGS PLAN is $4,978.00.

FOOD BANK OF THE ROCKIES RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in FOOD BANK OF THE ROCKIES RETIREMENT SAVINGS PLAN is approximately $2,168.00
Investing in this additonal $2,168.00 for 20 years would give you extra $138,759.00, assuming a 10% annual return.

FOOD BANK OF THE ROCKIES RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, FOOD BANK OF THE ROCKIES RETIREMENT SAVINGS PLAN allocates $513,845.00 to match its employees' contributions, providing an employer match rate of 53.48% of their contributions

FOOD BANK OF THE ROCKIES RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of FOOD BANK OF THE ROCKIES RETIREMENT SAVINGS PLAN is 31.54%.

FOOD BANK OF THE ROCKIES RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for FOOD BANK OF THE ROCKIES RETIREMENT SAVINGS PLAN is 17.63%. This measures the effectiveness of the plan participants' investments in the year.

FOOD BANK OF THE ROCKIES RETIREMENT SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of FOOD BANK OF THE ROCKIES RETIREMENT SAVINGS PLAN is 0.32%.

Enrollment Features

FOOD BANK OF THE ROCKIES RETIREMENT SAVINGS 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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