HERR FOODS INC PROFIT SHARING ACCOUNT

Plan Contact

  • Address: 20 HERR DRIVE,NOTTINGHAM,PA
  • Contact person: KEVIN THOMSON
  • Phone: (610) 932-6440

Plan General Information

HERR FOODS INC PROFIT SHARING ACCOUNT Total Retirement Plan Assets

At the end of 2012, the total retirement plan assets of HERR FOODS INC PROFIT SHARING ACCOUNT is $73,840,168.00.This plan was established in 1963.

HERR FOODS INC PROFIT SHARING ACCOUNT Total Number of Retirement Plan Participants

At the end of 2012, the total number of retirement plan participants in HERR FOODS INC PROFIT SHARING ACCOUNT is 1590

HERR FOODS INC PROFIT SHARING ACCOUNT Average Participant Retirement Account Value

In 2012, the average participant retirement account value for HERR FOODS INC PROFIT SHARING ACCOUNT is $46,440.00

HERR FOODS INC PROFIT SHARING ACCOUNT Estimated Average Employee Contribution Amount

In 2012, the estimated average employee contribution amount per participant for HERR FOODS INC PROFIT SHARING ACCOUNT is $3,656.00.

HERR FOODS INC PROFIT SHARING ACCOUNT Estimated Average Employer Match

In 2012, the estimated average employer match for an employee in HERR FOODS INC PROFIT SHARING ACCOUNT is approximately $786.00
Investing in this additonal $786.00 for 20 years would give you extra $50,314.00, assuming a 10% annual return.

HERR FOODS INC PROFIT SHARING ACCOUNT Total Employer Contribution and Match Rate

In 2012, HERR FOODS INC PROFIT SHARING ACCOUNT allocates $1,250,000.00 to match its employees' contributions, providing an employer match rate of 43.00% of their contributions

HERR FOODS INC PROFIT SHARING ACCOUNT Total Retirement Plan Asset Growth Rate

In 2012, the total retirement plan asset growth rate of HERR FOODS INC PROFIT SHARING ACCOUNT is 7.83%.

HERR FOODS INC PROFIT SHARING ACCOUNT Estimated Aggregate Retirement Account Investment Gain/Loss

In 2012, the estimated aggregate retirement account investment gain/loss for HERR FOODS INC PROFIT SHARING ACCOUNT is 8.82%. This measures the effectiveness of the plan participants' investments in the year.

HERR FOODS INC PROFIT SHARING ACCOUNT Expense Ratio

In 2012, the investment and administrative expense ratio of HERR FOODS INC PROFIT SHARING ACCOUNT is 0.02%.

Enrollment Features

HERR FOODS INC PROFIT SHARING ACCOUNT 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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