SUPERMERCADO MAXIMO, INC. RETIREMENT PLAN

Plan Contact

  • Address: PO BOX 11675,SAN JUAN,PR
  • Contact person: GLORIMAR PEREZ
  • Phone: (787) 783-1555

Plan General Information

SUPERMERCADO MAXIMO, INC. RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SUPERMERCADO MAXIMO, INC. RETIREMENT PLAN is $6,533,802.00.This plan was established in 2006.

SUPERMERCADO MAXIMO, INC. RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SUPERMERCADO MAXIMO, INC. RETIREMENT PLAN is 1518

SUPERMERCADO MAXIMO, INC. RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SUPERMERCADO MAXIMO, INC. RETIREMENT PLAN is $4,304.00

SUPERMERCADO MAXIMO, INC. RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SUPERMERCADO MAXIMO, INC. RETIREMENT PLAN is $433.00.

SUPERMERCADO MAXIMO, INC. RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SUPERMERCADO MAXIMO, INC. RETIREMENT PLAN is approximately $158.00
Investing in this additonal $158.00 for 20 years would give you extra $10,139.00, assuming a 10% annual return.

SUPERMERCADO MAXIMO, INC. RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, SUPERMERCADO MAXIMO, INC. RETIREMENT PLAN allocates $240,506.00 to match its employees' contributions, providing an employer match rate of 36.58% of their contributions

SUPERMERCADO MAXIMO, INC. RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SUPERMERCADO MAXIMO, INC. RETIREMENT PLAN is 31.18%.

SUPERMERCADO MAXIMO, INC. RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SUPERMERCADO MAXIMO, INC. RETIREMENT PLAN is 16.65%. This measures the effectiveness of the plan participants' investments in the year.

SUPERMERCADO MAXIMO, INC. RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of SUPERMERCADO MAXIMO, INC. RETIREMENT PLAN is 0.99%.

Enrollment Features

SUPERMERCADO MAXIMO, INC. RETIREMENT 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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