BJ’S WHOLESALE CLUB, INC. 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEES
Overview
Plan Contact
- Address: 350 CAMPUS DRIVE,MARLBOROUGH,MA
- Contact person: KAITLIN FOLAN
- Phone: (714) 512-7400
Plan General Information
At the end of 2022, the total retirement plan assets of BJ’S WHOLESALE CLUB, INC. 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEES is $241,884,268.This plan was established in 1997.
At the end of 2022, the total number of retirement plan participants in BJ’S WHOLESALE CLUB, INC. 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEES is 23834
In 2022, the average participant retirement account value for BJ’S WHOLESALE CLUB, INC. 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEES is $10,148
In 2022, the estimated average employee contribution amount per participant for BJ’S WHOLESALE CLUB, INC. 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEES is $815
In 2022, the estimated average employer match for an employee in BJ’S WHOLESALE CLUB, INC. 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEES is approximately $175
In 2022, BJ’S WHOLESALE CLUB, INC. 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEES allocates $4,178,116 to match its employees’ contributions, providing an employer match rate of 22.14% of their contributions
In 2022, the total retirement plan asset growth rate of BJ’S WHOLESALE CLUB, INC. 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEES is 0.00%
In 2022, the estimated aggregate retirement account investment gain/loss for BJ’S WHOLESALE CLUB, INC. 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEES is 0.88%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of BJ’S WHOLESALE CLUB, INC. 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEES is 0.26%.
Enrollment Features
BJ’S WHOLESALE CLUB, INC. 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEES has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.