AJINOMOTO HEALTH & NUTRITION NORTH AMERICA, INC. 401(K) PLAN
Overview
Plan Contact
- Address: 4020 AJINOMOTO DRIVE,RALEIGH,NC
- Contact person: TOBIE HASKINS
- Phone: (201) 292-3200
Plan General Information
At the end of 2022, the total retirement plan assets of AJINOMOTO HEALTH & NUTRITION NORTH AMERICA, INC. 401(K) PLAN is $100,018,502.This plan was established in 1988.
At the end of 2022, the total number of retirement plan participants in AJINOMOTO HEALTH & NUTRITION NORTH AMERICA, INC. 401(K) PLAN is 799
In 2022, the average participant retirement account value for AJINOMOTO HEALTH & NUTRITION NORTH AMERICA, INC. 401(K) PLAN is $125,179
In 2022, the estimated average employee contribution amount per participant for AJINOMOTO HEALTH & NUTRITION NORTH AMERICA, INC. 401(K) PLAN is $6,957
In 2022, the estimated average employer match for an employee in AJINOMOTO HEALTH & NUTRITION NORTH AMERICA, INC. 401(K) PLAN is approximately $4,617
In 2022, AJINOMOTO HEALTH & NUTRITION NORTH AMERICA, INC. 401(K) PLAN allocates $3,689,403 to match its employees’ contributions, providing an employer match rate of 65.39% of their contributions
In 2022, the total retirement plan asset growth rate of AJINOMOTO HEALTH & NUTRITION NORTH AMERICA, INC. 401(K) PLAN is -11.48%
In 2022, the estimated aggregate retirement account investment gain/loss for AJINOMOTO HEALTH & NUTRITION NORTH AMERICA, INC. 401(K) PLAN is -12.52%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of AJINOMOTO HEALTH & NUTRITION NORTH AMERICA, INC. 401(K) PLAN is 0.18%.
Enrollment Features
AJINOMOTO HEALTH & NUTRITION NORTH AMERICA, INC. 401(K) PLAN 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.