VARIETY FOODSERVICES, INC. PROFIT-SHARING AND 401(K) PLAN AND TRUST

Overview

Plan Contact

  • Address: 25235 HOOVER ROAD,WARREN,MI
  • Contact person: JESSICA COUMANS
  • Phone: (586) 756-8100

Plan General Information


At the end of 2022, the total retirement plan assets of VARIETY FOODSERVICES, INC. PROFIT-SHARING AND 401(K) PLAN AND TRUST is $4,936,092.This plan was established in 1991.

At the end of 2022, the total number of retirement plan participants in VARIETY FOODSERVICES, INC. PROFIT-SHARING AND 401(K) PLAN AND TRUST is 105

In 2022, the average participant retirement account value for VARIETY FOODSERVICES, INC. PROFIT-SHARING AND 401(K) PLAN AND TRUST is $47,010

In 2022, the estimated average employee contribution amount per participant for VARIETY FOODSERVICES, INC. PROFIT-SHARING AND 401(K) PLAN AND TRUST is $1,089

In 2022, the estimated average employer match for an employee in VARIETY FOODSERVICES, INC. PROFIT-SHARING AND 401(K) PLAN AND TRUST is approximately $314

In 2022, VARIETY FOODSERVICES, INC. PROFIT-SHARING AND 401(K) PLAN AND TRUST allocates $33,071 to match its employees’ contributions, providing an employer match rate of 29.60% of their contributions

In 2022, the total retirement plan asset growth rate of VARIETY FOODSERVICES, INC. PROFIT-SHARING AND 401(K) PLAN AND TRUST is -24.71%

In 2022, the estimated aggregate retirement account investment gain/loss for VARIETY FOODSERVICES, INC. PROFIT-SHARING AND 401(K) PLAN AND TRUST is -13.94%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of VARIETY FOODSERVICES, INC. PROFIT-SHARING AND 401(K) PLAN AND TRUST is 0.84%.

Enrollment Features