HARVEST SHERWOOD FOOD DISTRIBUTORS EMPLOYEE 401(K) PLAN

At the end of 2022, the total retirement plan assets of HARVEST SHERWOOD FOOD DISTRIBUTORS EMPLOYEE 401(K) PLAN is $69,823,110.This plan was established in 1992.

At the end of 2022, the total number of retirement plan participants in HARVEST SHERWOOD FOOD DISTRIBUTORS EMPLOYEE 401(K) PLAN is 1654

In 2022, the average participant retirement account value for HARVEST SHERWOOD FOOD DISTRIBUTORS EMPLOYEE 401(K) PLAN is $42,214

In 2022, the estimated average employee contribution amount per participant for HARVEST SHERWOOD FOOD DISTRIBUTORS EMPLOYEE 401(K) PLAN is $3,746

In 2022, the estimated average employer match for an employee in HARVEST SHERWOOD FOOD DISTRIBUTORS EMPLOYEE 401(K) PLAN is approximately $968

In 2022, HARVEST SHERWOOD FOOD DISTRIBUTORS EMPLOYEE 401(K) PLAN allocates $1,602,628 to match its employees’ contributions, providing an employer match rate of 25.85% of their contributions

In 2022, the total retirement plan asset growth rate of HARVEST SHERWOOD FOOD DISTRIBUTORS EMPLOYEE 401(K) PLAN is -17.14%

In 2022, the estimated aggregate retirement account investment gain/loss for HARVEST SHERWOOD FOOD DISTRIBUTORS EMPLOYEE 401(K) PLAN is -16.27%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of HARVEST SHERWOOD FOOD DISTRIBUTORS EMPLOYEE 401(K) PLAN is 0.34%.

Enrollment Features

HARVEST SHERWOOD FOOD DISTRIBUTORS EMPLOYEE 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.