UTZ QUALITY FOODS, LLC PROFIT SHARING/401(K) PLAN

At the end of 2022, the total retirement plan assets of UTZ QUALITY FOODS, LLC PROFIT SHARING/401(K) PLAN is $225,257,215.This plan was established in 1969.

At the end of 2022, the total number of retirement plan participants in UTZ QUALITY FOODS, LLC PROFIT SHARING/401(K) PLAN is 5175

In 2022, the average participant retirement account value for UTZ QUALITY FOODS, LLC PROFIT SHARING/401(K) PLAN is $43,527

In 2022, the estimated average employee contribution amount per participant for UTZ QUALITY FOODS, LLC PROFIT SHARING/401(K) PLAN is $2,700

In 2022, the estimated average employer match for an employee in UTZ QUALITY FOODS, LLC PROFIT SHARING/401(K) PLAN is approximately $1,323

In 2022, UTZ QUALITY FOODS, LLC PROFIT SHARING/401(K) PLAN allocates $6,851,645 to match its employees’ contributions, providing an employer match rate of 51.72% of their contributions

In 2022, the total retirement plan asset growth rate of UTZ QUALITY FOODS, LLC PROFIT SHARING/401(K) PLAN is -20.86%

In 2022, the estimated aggregate retirement account investment gain/loss for UTZ QUALITY FOODS, LLC PROFIT SHARING/401(K) PLAN is -17.00%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of UTZ QUALITY FOODS, LLC PROFIT SHARING/401(K) PLAN is 0.21%.

Enrollment Features

UTZ QUALITY FOODS, LLC PROFIT SHARING/401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.