NATION’S FOODSERVICE, INC. EMPLOYEES’ 401(K) PLAN

At the end of 2022, the total retirement plan assets of NATION’S FOODSERVICE, INC. EMPLOYEES’ 401(K) PLAN is $9,243,068.This plan was established in 1991.

At the end of 2022, the total number of retirement plan participants in NATION’S FOODSERVICE, INC. EMPLOYEES’ 401(K) PLAN is 378

In 2022, the average participant retirement account value for NATION’S FOODSERVICE, INC. EMPLOYEES’ 401(K) PLAN is $24,452

In 2022, the estimated average employee contribution amount per participant for NATION’S FOODSERVICE, INC. EMPLOYEES’ 401(K) PLAN is $1,861

In 2022, the estimated average employer match for an employee in NATION’S FOODSERVICE, INC. EMPLOYEES’ 401(K) PLAN is approximately $830

In 2022, NATION’S FOODSERVICE, INC. EMPLOYEES’ 401(K) PLAN allocates $313,837 to match its employees’ contributions, providing an employer match rate of 44.48% of their contributions

In 2022, the total retirement plan asset growth rate of NATION’S FOODSERVICE, INC. EMPLOYEES’ 401(K) PLAN is -10.58%

In 2022, the estimated aggregate retirement account investment gain/loss for NATION’S FOODSERVICE, INC. EMPLOYEES’ 401(K) PLAN is -15.10%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of NATION’S FOODSERVICE, INC. EMPLOYEES’ 401(K) PLAN is 0.63%.

Enrollment Features

NATION’S FOODSERVICE, INC. EMPLOYEES’ 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.