KRAMER BEVERAGE CO. , LLC EMPLOYEES’ PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: P.O. BOX 470 161 SOUTH SECOND ROAD,HAMMONTON,NJ
  • Phone: (800) 321-4522

Plan General Information


At the end of 2022, the total retirement plan assets of KRAMER BEVERAGE CO. , LLC EMPLOYEES’ PROFIT SHARING PLAN is $27,240,197.This plan was established in 1979.

At the end of 2022, the total number of retirement plan participants in KRAMER BEVERAGE CO. , LLC EMPLOYEES’ PROFIT SHARING PLAN is 333

In 2022, the average participant retirement account value for KRAMER BEVERAGE CO. , LLC EMPLOYEES’ PROFIT SHARING PLAN is $81,802

In 2022, the estimated average employee contribution amount per participant for KRAMER BEVERAGE CO. , LLC EMPLOYEES’ PROFIT SHARING PLAN is $3,007

In 2022, the estimated average employer match for an employee in KRAMER BEVERAGE CO. , LLC EMPLOYEES’ PROFIT SHARING PLAN is approximately $6,537

In 2022, KRAMER BEVERAGE CO. , LLC EMPLOYEES’ PROFIT SHARING PLAN allocates $2,177,047 to match its employees’ contributions, providing an employer match rate of 214.49% of their contributions

In 2022, the total retirement plan asset growth rate of KRAMER BEVERAGE CO. , LLC EMPLOYEES’ PROFIT SHARING PLAN is -11.13%

In 2022, the estimated aggregate retirement account investment gain/loss for KRAMER BEVERAGE CO. , LLC EMPLOYEES’ PROFIT SHARING PLAN is -15.86%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of KRAMER BEVERAGE CO. , LLC EMPLOYEES’ PROFIT SHARING PLAN is 0.19%.

Enrollment Features

KRAMER BEVERAGE CO. , LLC EMPLOYEES’ PROFIT SHARING PLAN has the following features:
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.