AMFOODS LLC 401(K) PLAN

Overview

Plan Contact

  • Address: 2801 SW 149TH AVENUE,MIRAMAR,FL
  • Contact person: MOEZ LAKHANI
  • Phone: (754) 232-1340

Plan General Information


At the end of 2021, the total retirement plan assets of AMFOODS LLC 401(K) PLAN is $2,606,345.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in AMFOODS LLC 401(K) PLAN is 420

In 2021, the average participant retirement account value for AMFOODS LLC 401(K) PLAN is $6,205

In 2021, the estimated average employee contribution amount per participant for AMFOODS LLC 401(K) PLAN is $411

In 2021, the estimated average employer match for an employee in AMFOODS LLC 401(K) PLAN is approximately $235

In 2021, AMFOODS LLC 401(K) PLAN allocates $98,947 to match its employees’ contributions, providing an employer match rate of 57.18% of their contributions

In 2021, the total retirement plan asset growth rate of AMFOODS LLC 401(K) PLAN is 7.14%

In 2021, the estimated aggregate retirement account investment gain/loss for AMFOODS LLC 401(K) PLAN is 13.39%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of AMFOODS LLC 401(K) PLAN is 1.58%.

Enrollment Features

AMFOODS LLC 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.