MARTIN’S BULK MILK SERVICE, INC. SAVINGS PLAN

At the end of 2022, the total retirement plan assets of MARTIN’S BULK MILK SERVICE, INC. SAVINGS PLAN is $8,425,638.This plan was established in 1995.

At the end of 2022, the total number of retirement plan participants in MARTIN’S BULK MILK SERVICE, INC. SAVINGS PLAN is 263

In 2022, the average participant retirement account value for MARTIN’S BULK MILK SERVICE, INC. SAVINGS PLAN is $32,036

In 2022, the estimated average employee contribution amount per participant for MARTIN’S BULK MILK SERVICE, INC. SAVINGS PLAN is $2,859

In 2022, the estimated average employer match for an employee in MARTIN’S BULK MILK SERVICE, INC. SAVINGS PLAN is approximately $1,383

In 2022, MARTIN’S BULK MILK SERVICE, INC. SAVINGS PLAN allocates $363,957 to match its employees’ contributions, providing an employer match rate of 48.39% of their contributions

In 2022, the total retirement plan asset growth rate of MARTIN’S BULK MILK SERVICE, INC. SAVINGS PLAN is -16.17%

In 2022, the estimated aggregate retirement account investment gain/loss for MARTIN’S BULK MILK SERVICE, INC. SAVINGS PLAN is -10.23%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MARTIN’S BULK MILK SERVICE, INC. SAVINGS PLAN is 0.81%.

Enrollment Features

MARTIN’S BULK MILK SERVICE, INC. SAVINGS 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.