IFF 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of IFF 401(K) PROFIT SHARING PLAN is $13,462,289.This plan was established in 1999.

At the end of 2022, the total number of retirement plan participants in IFF 401(K) PROFIT SHARING PLAN is 213

In 2022, the average participant retirement account value for IFF 401(K) PROFIT SHARING PLAN is $63,203

In 2022, the estimated average employee contribution amount per participant for IFF 401(K) PROFIT SHARING PLAN is $5,416

In 2022, the estimated average employer match for an employee in IFF 401(K) PROFIT SHARING PLAN is approximately $2,502

In 2022, IFF 401(K) PROFIT SHARING PLAN allocates $533,126 to match its employees’ contributions, providing an employer match rate of 49.34% of their contributions

In 2022, the total retirement plan asset growth rate of IFF 401(K) PROFIT SHARING PLAN is -13.96%

In 2022, the estimated aggregate retirement account investment gain/loss for IFF 401(K) PROFIT SHARING PLAN is -16.88%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of IFF 401(K) PROFIT SHARING PLAN is 0.61%.

Enrollment Features

IFF 401(K) PROFIT SHARING 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.