BEST FRIENDS PET CARE, INC. 401(K) RETIREMENT PLAN
Plan Contact
- Address: 535 CONNCETICUT AVE,,NORWALK,CT
- Contact person: STEPHEN OSTIGUY
- Phone: (253) 981-4628
Plan General Information
BEST FRIENDS PET CARE, INC. 401(K) RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of BEST FRIENDS PET CARE, INC. 401(K) RETIREMENT PLAN is $5,884,875.00.This plan was established in 1998.
BEST FRIENDS PET CARE, INC. 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in BEST FRIENDS PET CARE, INC. 401(K) RETIREMENT PLAN is 569
BEST FRIENDS PET CARE, INC. 401(K) RETIREMENT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for BEST FRIENDS PET CARE, INC. 401(K) RETIREMENT PLAN is $10,342.00
BEST FRIENDS PET CARE, INC. 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for BEST FRIENDS PET CARE, INC. 401(K) RETIREMENT PLAN is $777.00.
BEST FRIENDS PET CARE, INC. 401(K) RETIREMENT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in BEST FRIENDS PET CARE, INC. 401(K) RETIREMENT PLAN is approximately $127.00
Investing in this additonal $127.00 for 20 years would give you extra $8,170.00, assuming a 10% annual return.
Investing in this additonal $127.00 for 20 years would give you extra $8,170.00, assuming a 10% annual return.
BEST FRIENDS PET CARE, INC. 401(K) RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2023, BEST FRIENDS PET CARE, INC. 401(K) RETIREMENT PLAN allocates $72,643.00 to match its employees' contributions, providing an employer match rate of 16.11% of their contributions
BEST FRIENDS PET CARE, INC. 401(K) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of BEST FRIENDS PET CARE, INC. 401(K) RETIREMENT PLAN is 15.85%.
BEST FRIENDS PET CARE, INC. 401(K) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for BEST FRIENDS PET CARE, INC. 401(K) RETIREMENT PLAN is 14.69%. This measures the effectiveness of the plan participants' investments in the year.
BEST FRIENDS PET CARE, INC. 401(K) RETIREMENT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of BEST FRIENDS PET CARE, INC. 401(K) RETIREMENT PLAN is 1.16%.
Enrollment Features
BEST FRIENDS PET CARE, INC. 401(K) RETIREMENT 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.
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