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GROCERY SERVICES, INC. 401(K) PLAN

Plan Contact

  • Address: 6750 LONG POINT ROAD,HOUSTON,TX
  • Contact person: HUANDONG FARIS
  • Phone: (713) 290-1427

Plan General Information

GROCERY SERVICES, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of GROCERY SERVICES, INC. 401(K) PLAN is $2,101,502.00.This plan was established in 2022.

GROCERY SERVICES, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in GROCERY SERVICES, INC. 401(K) PLAN is 116

GROCERY SERVICES, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for GROCERY SERVICES, INC. 401(K) PLAN is $18,116.00

GROCERY SERVICES, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for GROCERY SERVICES, INC. 401(K) PLAN is $2,515.00.

GROCERY SERVICES, INC. 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in GROCERY SERVICES, INC. 401(K) PLAN is approximately $865.00
Investing in this additonal $865.00 for 20 years would give you extra $55,399.00, assuming a 10% annual return.

GROCERY SERVICES, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, GROCERY SERVICES, INC. 401(K) PLAN allocates $100,411.00 to match its employees' contributions, providing an employer match rate of 68.83% of their contributions

GROCERY SERVICES, INC. 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of GROCERY SERVICES, INC. 401(K) PLAN is 0.47%.

Enrollment Features

GROCERY SERVICES, 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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