RUDOLPH FOODS COMPANY, INC. 401(K) RETIREMENT PLAN

Overview

Plan Contact

  • Address: P.O. BOX 509,LIMA,OH
  • Contact person: MICHELLE GARDNER
  • Phone: (419) 648-3611

Plan General Information


At the end of 2022, the total retirement plan assets of RUDOLPH FOODS COMPANY, INC. 401(K) RETIREMENT PLAN is $30,901,933.This plan was established in 1989.

At the end of 2022, the total number of retirement plan participants in RUDOLPH FOODS COMPANY, INC. 401(K) RETIREMENT PLAN is 601

In 2022, the average participant retirement account value for RUDOLPH FOODS COMPANY, INC. 401(K) RETIREMENT PLAN is $51,417

In 2022, the estimated average employee contribution amount per participant for RUDOLPH FOODS COMPANY, INC. 401(K) RETIREMENT PLAN is $4,365

In 2022, the estimated average employer match for an employee in RUDOLPH FOODS COMPANY, INC. 401(K) RETIREMENT PLAN is approximately $1,618

In 2022, RUDOLPH FOODS COMPANY, INC. 401(K) RETIREMENT PLAN allocates $972,942 to match its employees’ contributions, providing an employer match rate of 36.24% of their contributions

In 2022, the total retirement plan asset growth rate of RUDOLPH FOODS COMPANY, INC. 401(K) RETIREMENT PLAN is -13.60%

In 2022, the estimated aggregate retirement account investment gain/loss for RUDOLPH FOODS COMPANY, INC. 401(K) RETIREMENT PLAN is -14.66%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of RUDOLPH FOODS COMPANY, INC. 401(K) RETIREMENT PLAN is 0.55%.

Enrollment Features

RUDOLPH FOODS COMPANY, INC. 401(K) RETIREMENT 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.
    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.