THE MIDDLEBY CORPORATION PROFIT SHARING PLAN
Plan Contact
- Address: 1400 TOASTMASTER DR.,ELGIN,IL
- Contact person: BRITTANY CERWIN
- Phone: (847) 741-3300
Plan General Information
THE MIDDLEBY CORPORATION PROFIT SHARING PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of THE MIDDLEBY CORPORATION PROFIT SHARING PLAN is $338,877,766.00.This plan was established in 1987.
THE MIDDLEBY CORPORATION PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in THE MIDDLEBY CORPORATION PROFIT SHARING PLAN is 6874
THE MIDDLEBY CORPORATION PROFIT SHARING PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for THE MIDDLEBY CORPORATION PROFIT SHARING PLAN is $49,298.00
THE MIDDLEBY CORPORATION PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for THE MIDDLEBY CORPORATION PROFIT SHARING PLAN is $3,837.00.
THE MIDDLEBY CORPORATION PROFIT SHARING PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in THE MIDDLEBY CORPORATION PROFIT SHARING PLAN is approximately $802.00
Investing in this additonal $802.00 for 20 years would give you extra $51,345.00, assuming a 10% annual return.
Investing in this additonal $802.00 for 20 years would give you extra $51,345.00, assuming a 10% annual return.
THE MIDDLEBY CORPORATION PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2023, THE MIDDLEBY CORPORATION PROFIT SHARING PLAN allocates $5,514,845.00 to match its employees' contributions, providing an employer match rate of 22.90% of their contributions
THE MIDDLEBY CORPORATION PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of THE MIDDLEBY CORPORATION PROFIT SHARING PLAN is 23.13%.
THE MIDDLEBY CORPORATION PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for THE MIDDLEBY CORPORATION PROFIT SHARING PLAN is 23.35%. This measures the effectiveness of the plan participants' investments in the year.
THE MIDDLEBY CORPORATION PROFIT SHARING PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of THE MIDDLEBY CORPORATION PROFIT SHARING PLAN is 0.04%.
Enrollment Features
THE MIDDLEBY CORPORATION PROFIT SHARING 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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