ADAMS BEVERAGES, INC. 401(K) PLAN
Overview
Plan Contact
- Address: 7505 STATESVILLE ROAD,CHARLOTTE,NC
- Contact person: DONNIE BOBBITT
- Phone: (704) 509-3000
Plan General Information
At the end of 2022, the total retirement plan assets of ADAMS BEVERAGES, INC. 401(K) PLAN is $16,416,271.This plan was established in 1996.
At the end of 2022, the total number of retirement plan participants in ADAMS BEVERAGES, INC. 401(K) PLAN is 537
In 2022, the average participant retirement account value for ADAMS BEVERAGES, INC. 401(K) PLAN is $30,570
In 2022, the estimated average employee contribution amount per participant for ADAMS BEVERAGES, INC. 401(K) PLAN is $2,502
In 2022, the estimated average employer match for an employee in ADAMS BEVERAGES, INC. 401(K) PLAN is approximately $892
In 2022, ADAMS BEVERAGES, INC. 401(K) PLAN allocates $479,241 to match its employees’ contributions, providing an employer match rate of 36.03% of their contributions
In 2022, the total retirement plan asset growth rate of ADAMS BEVERAGES, INC. 401(K) PLAN is 16.22%
In 2022, the estimated aggregate retirement account investment gain/loss for ADAMS BEVERAGES, INC. 401(K) PLAN is -16.91%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ADAMS BEVERAGES, INC. 401(K) PLAN is 0.57%.
Enrollment Features
ADAMS BEVERAGES, 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.