FALCON FARMS, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 2330 NW 82ND AVE.,MIAMI,FL
  • Phone: (305) 477-8088

Plan General Information


At the end of 2022, the total retirement plan assets of FALCON FARMS, INC. 401(K) PLAN is $5,890,530.This plan was established in 2001.

At the end of 2022, the total number of retirement plan participants in FALCON FARMS, INC. 401(K) PLAN is 497

In 2022, the average participant retirement account value for FALCON FARMS, INC. 401(K) PLAN is $11,852

In 2022, the estimated average employee contribution amount per participant for FALCON FARMS, INC. 401(K) PLAN is $1,324

In 2022, the estimated average employer match for an employee in FALCON FARMS, INC. 401(K) PLAN is approximately $538

In 2022, FALCON FARMS, INC. 401(K) PLAN allocates $267,504 to match its employees’ contributions, providing an employer match rate of 43.54% of their contributions

In 2022, the total retirement plan asset growth rate of FALCON FARMS, INC. 401(K) PLAN is -1.98%

In 2022, the estimated aggregate retirement account investment gain/loss for FALCON FARMS, INC. 401(K) PLAN is -10.68%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of FALCON FARMS, INC. 401(K) PLAN is 0.05%.

Enrollment Features

FALCON FARMS, 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.