NUESKE MEATS RETIREMENT SAVINGS PLAN AND TRUST

Plan Contact

  • Address: 203 N. GENESEE STREET,WITTENBERG,WI
  • Contact person: TANYA NUESKE
  • Phone: (715) 253-4000

Plan General Information

NUESKE MEATS RETIREMENT SAVINGS PLAN AND TRUST Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of NUESKE MEATS RETIREMENT SAVINGS PLAN AND TRUST is $14,999,834.00.This plan was established in 1992.

NUESKE MEATS RETIREMENT SAVINGS PLAN AND TRUST Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in NUESKE MEATS RETIREMENT SAVINGS PLAN AND TRUST is 255

NUESKE MEATS RETIREMENT SAVINGS PLAN AND TRUST Average Participant Retirement Account Value

In 2023, the average participant retirement account value for NUESKE MEATS RETIREMENT SAVINGS PLAN AND TRUST is $58,822.00

NUESKE MEATS RETIREMENT SAVINGS PLAN AND TRUST Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for NUESKE MEATS RETIREMENT SAVINGS PLAN AND TRUST is $3,840.00.

NUESKE MEATS RETIREMENT SAVINGS PLAN AND TRUST Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in NUESKE MEATS RETIREMENT SAVINGS PLAN AND TRUST is approximately $2,288.00
Investing in this additonal $2,288.00 for 20 years would give you extra $146,464.00, assuming a 10% annual return.

NUESKE MEATS RETIREMENT SAVINGS PLAN AND TRUST Total Employer Contribution and Match Rate

In 2023, NUESKE MEATS RETIREMENT SAVINGS PLAN AND TRUST allocates $583,568.00 to match its employees' contributions, providing an employer match rate of 60.17% of their contributions

NUESKE MEATS RETIREMENT SAVINGS PLAN AND TRUST Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of NUESKE MEATS RETIREMENT SAVINGS PLAN AND TRUST is 25.85%.

NUESKE MEATS RETIREMENT SAVINGS PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for NUESKE MEATS RETIREMENT SAVINGS PLAN AND TRUST is 19.14%. This measures the effectiveness of the plan participants' investments in the year.

NUESKE MEATS RETIREMENT SAVINGS PLAN AND TRUST Expense Ratio

In 2023, the investment and administrative expense ratio of NUESKE MEATS RETIREMENT SAVINGS PLAN AND TRUST is 0.38%.

Enrollment Features

NUESKE MEATS RETIREMENT SAVINGS PLAN AND TRUST has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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