NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT SAVINGS PLAN FOR NORWALK UNION BAKERS

Plan Contact

  • Address: 211 WOODLAWN AVENUE,NORWALK,OH
  • Contact person: KURT LOEFFLER
  • Phone: (419) 660-4017

Plan General Information

NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT SAVINGS PLAN FOR NORWALK UNION BAKERS Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT SAVINGS PLAN FOR NORWALK UNION BAKERS is $7,625,977.00.This plan was established in 2022.

NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT SAVINGS PLAN FOR NORWALK UNION BAKERS Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT SAVINGS PLAN FOR NORWALK UNION BAKERS is 274

NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT SAVINGS PLAN FOR NORWALK UNION BAKERS Average Participant Retirement Account Value

In 2021, the average participant retirement account value for NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT SAVINGS PLAN FOR NORWALK UNION BAKERS is $27,832.00

NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT SAVINGS PLAN FOR NORWALK UNION BAKERS Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT SAVINGS PLAN FOR NORWALK UNION BAKERS is $1,561.00.

NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT SAVINGS PLAN FOR NORWALK UNION BAKERS Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT SAVINGS PLAN FOR NORWALK UNION BAKERS is approximately $1,515.00
Investing in this additonal $1,515.00 for 20 years would give you extra $97,006.00, assuming a 10% annual return.

NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT SAVINGS PLAN FOR NORWALK UNION BAKERS Total Employer Contribution and Match Rate

In 2021, NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT SAVINGS PLAN FOR NORWALK UNION BAKERS allocates $415,311.00 to match its employees' contributions, providing an employer match rate of 97.06% of their contributions

NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT SAVINGS PLAN FOR NORWALK UNION BAKERS Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT SAVINGS PLAN FOR NORWALK UNION BAKERS is 17.90%.

NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT SAVINGS PLAN FOR NORWALK UNION BAKERS Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT SAVINGS PLAN FOR NORWALK UNION BAKERS is 12.36%. This measures the effectiveness of the plan participants' investments in the year.

NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT SAVINGS PLAN FOR NORWALK UNION BAKERS Expense Ratio

In 2021, the investment and administrative expense ratio of NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT SAVINGS PLAN FOR NORWALK UNION BAKERS is 0.48%.

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