MARENGO FOODS, LLC 401(K) PLAN

At the end of 2022, the total retirement plan assets of MARENGO FOODS, LLC 401(K) PLAN is $329,544.This plan was established in 2017.

At the end of 2022, the total number of retirement plan participants in MARENGO FOODS, LLC 401(K) PLAN is 110

In 2022, the average participant retirement account value for MARENGO FOODS, LLC 401(K) PLAN is $2,995

In 2022, the estimated average employee contribution amount per participant for MARENGO FOODS, LLC 401(K) PLAN is $408

In 2022, the estimated average employer match for an employee in MARENGO FOODS, LLC 401(K) PLAN is approximately $320

In 2022, MARENGO FOODS, LLC 401(K) PLAN allocates $35,277 to match its employees’ contributions, providing an employer match rate of 75.35% of their contributions

In 2022, the total retirement plan asset growth rate of MARENGO FOODS, LLC 401(K) PLAN is 3.23%

In 2022, the estimated aggregate retirement account investment gain/loss for MARENGO FOODS, LLC 401(K) PLAN is -15.50%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MARENGO FOODS, LLC 401(K) PLAN is 0.05%.

Enrollment Features

MARENGO FOODS, LLC 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.