FRICK'S MEAT PRODUCTS, INC. 401(K) PLAN
Plan Contact
- Address: 360 M.E. FRICK DRIVE,WASHINGTON,MO
- Contact person: MATT HUMMEL
- Phone:
Plan General Information
FRICK'S MEAT PRODUCTS, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of FRICK'S MEAT PRODUCTS, INC. 401(K) PLAN is $11,952,178.00.This plan was established in 1973.
FRICK'S MEAT PRODUCTS, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in FRICK'S MEAT PRODUCTS, INC. 401(K) PLAN is 369
FRICK'S MEAT PRODUCTS, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for FRICK'S MEAT PRODUCTS, INC. 401(K) PLAN is $32,390.00
FRICK'S MEAT PRODUCTS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for FRICK'S MEAT PRODUCTS, INC. 401(K) PLAN is $3,979.00.
FRICK'S MEAT PRODUCTS, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in FRICK'S MEAT PRODUCTS, INC. 401(K) PLAN is approximately $798.00
Investing in this additonal $798.00 for 20 years would give you extra $51,105.00, assuming a 10% annual return.
Investing in this additonal $798.00 for 20 years would give you extra $51,105.00, assuming a 10% annual return.
FRICK'S MEAT PRODUCTS, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, FRICK'S MEAT PRODUCTS, INC. 401(K) PLAN allocates $294,655.00 to match its employees' contributions, providing an employer match rate of 40.13% of their contributions
FRICK'S MEAT PRODUCTS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of FRICK'S MEAT PRODUCTS, INC. 401(K) PLAN is 23.99%.
FRICK'S MEAT PRODUCTS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for FRICK'S MEAT PRODUCTS, INC. 401(K) PLAN is 12.12%. This measures the effectiveness of the plan participants' investments in the year.
FRICK'S MEAT PRODUCTS, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of FRICK'S MEAT PRODUCTS, INC. 401(K) PLAN is 0.37%.
Enrollment Features
FRICK'S MEAT PRODUCTS, 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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