RUSS’ RESTAURANTS SAVINGS AND RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of RUSS’ RESTAURANTS SAVINGS AND RETIREMENT PLAN is $5,009,007.This plan was established in 1987.

At the end of 2022, the total number of retirement plan participants in RUSS’ RESTAURANTS SAVINGS AND RETIREMENT PLAN is 229

In 2022, the average participant retirement account value for RUSS’ RESTAURANTS SAVINGS AND RETIREMENT PLAN is $21,873

In 2022, the estimated average employee contribution amount per participant for RUSS’ RESTAURANTS SAVINGS AND RETIREMENT PLAN is $1,175

In 2022, the estimated average employer match for an employee in RUSS’ RESTAURANTS SAVINGS AND RETIREMENT PLAN is approximately $236

In 2022, RUSS’ RESTAURANTS SAVINGS AND RETIREMENT PLAN allocates $54,160 to match its employees’ contributions, providing an employer match rate of 19.41% of their contributions

In 2022, the total retirement plan asset growth rate of RUSS’ RESTAURANTS SAVINGS AND RETIREMENT PLAN is -37.04%

In 2022, the estimated aggregate retirement account investment gain/loss for RUSS’ RESTAURANTS SAVINGS AND RETIREMENT PLAN is -15.18%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of RUSS’ RESTAURANTS SAVINGS AND RETIREMENT PLAN is 1.14%.

Enrollment Features

RUSS’ RESTAURANTS SAVINGS AND 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.