MEATS BY LINZ, INC. 401(K) PENSION PLAN

Plan Contact

  • Address: 414 STATE STREET,CALUMET CITY,IL
  • Contact person: FELICIA BLITSTEIN
  • Phone: (708) 862-0830

Plan General Information

MEATS BY LINZ, INC. 401(K) PENSION PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of MEATS BY LINZ, INC. 401(K) PENSION PLAN is $4,101,828.00.This plan was established in 1994.

MEATS BY LINZ, INC. 401(K) PENSION PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in MEATS BY LINZ, INC. 401(K) PENSION PLAN is 198

MEATS BY LINZ, INC. 401(K) PENSION PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for MEATS BY LINZ, INC. 401(K) PENSION PLAN is $20,716.00

MEATS BY LINZ, INC. 401(K) PENSION PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for MEATS BY LINZ, INC. 401(K) PENSION PLAN is $1,961.00.

MEATS BY LINZ, INC. 401(K) PENSION PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in MEATS BY LINZ, INC. 401(K) PENSION PLAN is approximately $11.00
Investing in this additonal $11.00 for 20 years would give you extra $746.00, assuming a 10% annual return.

MEATS BY LINZ, INC. 401(K) PENSION PLAN Total Employer Contribution and Match Rate

In 2022, MEATS BY LINZ, INC. 401(K) PENSION PLAN allocates $2,308.00 to match its employees' contributions, providing an employer match rate of 0.57% of their contributions

MEATS BY LINZ, INC. 401(K) PENSION PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of MEATS BY LINZ, INC. 401(K) PENSION PLAN is -4.94%.

MEATS BY LINZ, INC. 401(K) PENSION PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for MEATS BY LINZ, INC. 401(K) PENSION PLAN is -13.95%. This measures the effectiveness of the plan participants' investments in the year.

MEATS BY LINZ, INC. 401(K) PENSION PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of MEATS BY LINZ, INC. 401(K) PENSION PLAN is 0.65%.

Enrollment Features

MEATS BY LINZ, INC. 401(K) PENSION 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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