OAK POINT FRESH MARKET 401(K) PLAN

Overview

Plan Contact

  • Address: 35045 LA. HIGHWAY 16,WATSON,LA
  • Contact person: LINDSEY SUMICH
  • Phone: (225) 243-5309

Plan General Information


At the end of 2022, the total retirement plan assets of OAK POINT FRESH MARKET 401(K) PLAN is $758,959.This plan was established in 2020.

At the end of 2022, the total number of retirement plan participants in OAK POINT FRESH MARKET 401(K) PLAN is 152

In 2022, the average participant retirement account value for OAK POINT FRESH MARKET 401(K) PLAN is $4,993

In 2022, the estimated average employee contribution amount per participant for OAK POINT FRESH MARKET 401(K) PLAN is $1,260

In 2022, the estimated average employer match for an employee in OAK POINT FRESH MARKET 401(K) PLAN is approximately $316

In 2022, OAK POINT FRESH MARKET 401(K) PLAN allocates $48,132 to match its employees’ contributions, providing an employer match rate of 26.07% of their contributions

In 2022, the total retirement plan asset growth rate of OAK POINT FRESH MARKET 401(K) PLAN is 7.59%

In 2022, the estimated aggregate retirement account investment gain/loss for OAK POINT FRESH MARKET 401(K) PLAN is -15.26%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of OAK POINT FRESH MARKET 401(K) PLAN is 1.43%.

Enrollment Features

OAK POINT FRESH MARKET 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.