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 2023, the total retirement plan assets of NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT & SAVINGS PLAN FOR NORWALK UNION BAKERS is $7,864,172.00.This plan was established in 1998.
NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT & SAVINGS PLAN FOR NORWALK UNION BAKERS Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT & SAVINGS PLAN FOR NORWALK UNION BAKERS is 358
NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT & SAVINGS PLAN FOR NORWALK UNION BAKERS Average Participant Retirement Account Value
In 2023, the average participant retirement account value for NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT & SAVINGS PLAN FOR NORWALK UNION BAKERS is $21,966.00
NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT & SAVINGS PLAN FOR NORWALK UNION BAKERS Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT & SAVINGS PLAN FOR NORWALK UNION BAKERS is $3,256.00.
NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT & SAVINGS PLAN FOR NORWALK UNION BAKERS Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT & SAVINGS PLAN FOR NORWALK UNION BAKERS is approximately $1,877.00
Investing in this additonal $1,877.00 for 20 years would give you extra $120,142.00, assuming a 10% annual return.
Investing in this additonal $1,877.00 for 20 years would give you extra $120,142.00, 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 2023, NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT & SAVINGS PLAN FOR NORWALK UNION BAKERS allocates $672,049.00 to match its employees' contributions, providing an employer match rate of 115.29% of their contributions
NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT & SAVINGS PLAN FOR NORWALK UNION BAKERS Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT & SAVINGS PLAN FOR NORWALK UNION BAKERS is 18.68%.
NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT & SAVINGS PLAN FOR NORWALK UNION BAKERS Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT & SAVINGS PLAN FOR NORWALK UNION BAKERS is 12.97%. 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 2023, the investment and administrative expense ratio of NEW HORIZONS BAKING COMPANY 401(K) RETIREMENT & SAVINGS PLAN FOR NORWALK UNION BAKERS is 0.74%.
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