AVI FOODSYSTEMS, INC. 401(K) PLAN A

Plan Contact

  • Address: 2590 ELM RD NE,WARREN,OH
  • Contact person: WILLIAM VEVERKA
  • Phone: (330) 372-6000

Plan General Information

AVI FOODSYSTEMS, INC. 401(K) PLAN A Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of AVI FOODSYSTEMS, INC. 401(K) PLAN A is $5,257,765.00.This plan was established in 1995.

AVI FOODSYSTEMS, INC. 401(K) PLAN A Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in AVI FOODSYSTEMS, INC. 401(K) PLAN A is 1027

AVI FOODSYSTEMS, INC. 401(K) PLAN A Average Participant Retirement Account Value

In 2023, the average participant retirement account value for AVI FOODSYSTEMS, INC. 401(K) PLAN A is $5,119.00

AVI FOODSYSTEMS, INC. 401(K) PLAN A Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for AVI FOODSYSTEMS, INC. 401(K) PLAN A is $466.00.

AVI FOODSYSTEMS, INC. 401(K) PLAN A Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in AVI FOODSYSTEMS, INC. 401(K) PLAN A is approximately $259.00
Investing in this additonal $259.00 for 20 years would give you extra $16,590.00, assuming a 10% annual return.

AVI FOODSYSTEMS, INC. 401(K) PLAN A Total Employer Contribution and Match Rate

In 2023, AVI FOODSYSTEMS, INC. 401(K) PLAN A allocates $266,220.00 to match its employees' contributions, providing an employer match rate of 58.55% of their contributions

AVI FOODSYSTEMS, INC. 401(K) PLAN A Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of AVI FOODSYSTEMS, INC. 401(K) PLAN A is 30.03%.

AVI FOODSYSTEMS, INC. 401(K) PLAN A Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for AVI FOODSYSTEMS, INC. 401(K) PLAN A is 16.68%. This measures the effectiveness of the plan participants' investments in the year.

AVI FOODSYSTEMS, INC. 401(K) PLAN A Expense Ratio

In 2023, the investment and administrative expense ratio of AVI FOODSYSTEMS, INC. 401(K) PLAN A is 0.79%.

Enrollment Features

AVI FOODSYSTEMS, INC. 401(K) PLAN A has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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