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.