OLE MEXICAN FOODS, INC. 401(K) PLAN

Plan Contact

  • Address: 6585 CRESCENT DRIVE,NORCROSS,GA
  • Contact person: LAURANCE RICHARD
  • Phone: (770) 582-9200

Plan General Information

OLE MEXICAN FOODS, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of OLE MEXICAN FOODS, INC. 401(K) PLAN is $4,980,318.00.This plan was established in 2003.

OLE MEXICAN FOODS, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in OLE MEXICAN FOODS, INC. 401(K) PLAN is 785

OLE MEXICAN FOODS, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for OLE MEXICAN FOODS, INC. 401(K) PLAN is $6,344.00

OLE MEXICAN FOODS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for OLE MEXICAN FOODS, INC. 401(K) PLAN is $845.00.

OLE MEXICAN FOODS, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in OLE MEXICAN FOODS, INC. 401(K) PLAN is approximately $402.00
Investing in this additonal $402.00 for 20 years would give you extra $25,772.00, assuming a 10% annual return.

OLE MEXICAN FOODS, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, OLE MEXICAN FOODS, INC. 401(K) PLAN allocates $316,118.00 to match its employees' contributions, providing an employer match rate of 44.14% of their contributions

OLE MEXICAN FOODS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of OLE MEXICAN FOODS, INC. 401(K) PLAN is 13.23%.

OLE MEXICAN FOODS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for OLE MEXICAN FOODS, INC. 401(K) PLAN is 16.30%. This measures the effectiveness of the plan participants' investments in the year.

OLE MEXICAN FOODS, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of OLE MEXICAN FOODS, INC. 401(K) PLAN is 0.81%.

Enrollment Features

OLE MEXICAN FOODS, INC. 401(K) 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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