UTAH FOOD SERVICES, INC. 401(K) PLAN

At the end of 2021, the total retirement plan assets of UTAH FOOD SERVICES, INC. 401(K) PLAN is $8,936,909.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in UTAH FOOD SERVICES, INC. 401(K) PLAN is 112

In 2021, the average participant retirement account value for UTAH FOOD SERVICES, INC. 401(K) PLAN is $79,793

In 2021, the estimated average employee contribution amount per participant for UTAH FOOD SERVICES, INC. 401(K) PLAN is $268

In 2021, the estimated average employer match for an employee in UTAH FOOD SERVICES, INC. 401(K) PLAN is approximately $84

In 2021, UTAH FOOD SERVICES, INC. 401(K) PLAN allocates $9,506 to match its employees’ contributions, providing an employer match rate of 31.64% of their contributions

In 2021, the total retirement plan asset growth rate of UTAH FOOD SERVICES, INC. 401(K) PLAN is 6.61%

In 2021, the estimated aggregate retirement account investment gain/loss for UTAH FOOD SERVICES, INC. 401(K) PLAN is 11.09%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of UTAH FOOD SERVICES, INC. 401(K) PLAN is 0.36%.

Enrollment Features

UTAH FOOD SERVICES, INC. 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.