FARFETCH US 401(K) PLAN
Overview
Plan Contact
- Address: 285 MADISON AVE,,NEW YORK,NY
- Contact person: DOUGLAS LEFKOVIC
- Phone: (646) 248-3652
Plan General Information
At the end of 2022, the total retirement plan assets of FARFETCH US 401(K) PLAN is $6,159,452.This plan was established in 2016.
At the end of 2022, the total number of retirement plan participants in FARFETCH US 401(K) PLAN is 285
In 2022, the average participant retirement account value for FARFETCH US 401(K) PLAN is $21,612
In 2022, the estimated average employee contribution amount per participant for FARFETCH US 401(K) PLAN is $4,846
In 2022, the estimated average employer match for an employee in FARFETCH US 401(K) PLAN is approximately $1,655
In 2022, FARFETCH US 401(K) PLAN allocates $471,817 to match its employees’ contributions, providing an employer match rate of 36.67% of their contributions
In 2022, the total retirement plan asset growth rate of FARFETCH US 401(K) PLAN is 6.27%
In 2022, the estimated aggregate retirement account investment gain/loss for FARFETCH US 401(K) PLAN is -17.88%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of FARFETCH US 401(K) PLAN is 0.60%.
Enrollment Features
FARFETCH US 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.