FRIENDLY FRUIT RETIREMENT PLAN

Plan Contact

  • Address: 2301 PURCHASE STREET,NEW BEDFORD,MA
  • Contact person: ALLIE WAINER
  • Phone: (508) 999-6408

Plan General Information

FRIENDLY FRUIT RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in FRIENDLY FRUIT RETIREMENT PLAN is 557

FRIENDLY FRUIT RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for FRIENDLY FRUIT RETIREMENT PLAN is $228.00.

FRIENDLY FRUIT RETIREMENT PLAN Estimated Average Employer Match

In 2020, the estimated average employer match for an employee in FRIENDLY FRUIT RETIREMENT PLAN is approximately $216.00
Investing in this additonal $216.00 for 20 years would give you extra $13,844.00, assuming a 10% annual return.

FRIENDLY FRUIT RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2020, FRIENDLY FRUIT RETIREMENT PLAN allocates $120,488.00 to match its employees' contributions, providing an employer match rate of 189.37% of their contributions

Enrollment Features

FRIENDLY FRUIT RETIREMENT 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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