BETTER FOODS, INC. 401(K) PLAN

Plan Contact

  • Address: 209 1ST AVENUE SOUTH,NITRO,WV
  • Contact person: JEFF MACE
  • Phone: (304) 722-3511

Plan General Information

BETTER FOODS, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of BETTER FOODS, INC. 401(K) PLAN is $1,585,879.00.This plan was established in 1999.

BETTER FOODS, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in BETTER FOODS, INC. 401(K) PLAN is 321

BETTER FOODS, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for BETTER FOODS, INC. 401(K) PLAN is $4,940.00

BETTER FOODS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for BETTER FOODS, INC. 401(K) PLAN is $335.00.

BETTER FOODS, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in BETTER FOODS, INC. 401(K) PLAN is approximately $153.00
Investing in this additonal $153.00 for 20 years would give you extra $9,816.00, assuming a 10% annual return.

BETTER FOODS, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, BETTER FOODS, INC. 401(K) PLAN allocates $49,234.00 to match its employees' contributions, providing an employer match rate of 35.06% of their contributions

BETTER FOODS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of BETTER FOODS, INC. 401(K) PLAN is -14.17%.

BETTER FOODS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for BETTER FOODS, INC. 401(K) PLAN is 13.45%. This measures the effectiveness of the plan participants' investments in the year.

BETTER FOODS, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of BETTER FOODS, INC. 401(K) PLAN is 0.32%.

Enrollment Features

BETTER FOODS, INC. 401(K) PLAN 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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