WALT’S FOOD CENTER 401(K) PROFIT SHARING PLAN AND TRUST

Overview

Plan Contact

  • Address: 330 W TAFT DR,SOUTH HOLLAND,IL
  • Contact person: PAUL LAGESTEE
  • Phone: (708) 596-3166

Plan General Information


At the end of 2022, the total retirement plan assets of WALT’S FOOD CENTER 401(K) PROFIT SHARING PLAN AND TRUST is $5,243,057.This plan was established in 1969.

At the end of 2022, the total number of retirement plan participants in WALT’S FOOD CENTER 401(K) PROFIT SHARING PLAN AND TRUST is 354

In 2022, the average participant retirement account value for WALT’S FOOD CENTER 401(K) PROFIT SHARING PLAN AND TRUST is $14,810

In 2022, the estimated average employee contribution amount per participant for WALT’S FOOD CENTER 401(K) PROFIT SHARING PLAN AND TRUST is $611

In 2022, the estimated average employer match for an employee in WALT’S FOOD CENTER 401(K) PROFIT SHARING PLAN AND TRUST is approximately $334

In 2022, WALT’S FOOD CENTER 401(K) PROFIT SHARING PLAN AND TRUST allocates $118,451 to match its employees’ contributions, providing an employer match rate of 49.25% of their contributions

In 2022, the total retirement plan asset growth rate of WALT’S FOOD CENTER 401(K) PROFIT SHARING PLAN AND TRUST is -27.35%

In 2022, the estimated aggregate retirement account investment gain/loss for WALT’S FOOD CENTER 401(K) PROFIT SHARING PLAN AND TRUST is -13.96%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of WALT’S FOOD CENTER 401(K) PROFIT SHARING PLAN AND TRUST is 0.28%.

Enrollment Features

WALT’S FOOD CENTER 401(K) PROFIT SHARING PLAN AND TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.