FOODA, INC. 401(K) PLAN
- Address: 1 N DEARBORN STE 600,CHICAGO,IL
- Contact person: EMILY KAROTTKI
- Phone: (312) 626-2549
FOODA, INC. 401(K) PLAN 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.
At the end of 2022, the total retirement plan assets of FOODA, INC. 401(K) PLAN is $7,483,354.00.This plan was established in 2014.
At the end of 2022, the total number of retirement plan participants in FOODA, INC. 401(K) PLAN is 375
In 2022, the average participant retirement account value for FOODA, INC. 401(K) PLAN is $19,955.00
In 2022, the estimated average employee contribution amount per participant for FOODA, INC. 401(K) PLAN is $2,525.00
In 2022, the estimated average employer match for an employee in FOODA, INC. 401(K) PLAN is approximately $929.00
In 2022, FOODA, INC. 401(K) PLAN allocates $348,746.00 to match its employees' contributions, providing an employer match rate of 26.71% of their contributions
In 2022, the total retirement plan asset growth rate of FOODA, INC. 401(K) PLAN is 0.46%
In 2022, the estimated aggregate retirement account investment gain/loss for FOODA, INC. 401(K) PLAN is -16.07%. This measures the effectiveness of the plan participants' investments in the year.
In 2022, the investment and administrative expense ratio of FOODA, INC. 401(K) PLAN is 0.79%.
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