BIMBO FOODS, INC. SAVINGS PLAN

Plan Contact

  • Address: 255 BUSINESS CENTER DRIVE,HORSHAM,PA
  • Contact person: LOUIS MINELLA
  • Phone: (215) 672-8010

Plan General Information

BIMBO FOODS, INC. SAVINGS PLAN Total Retirement Plan Assets

At the end of 2009, the total retirement plan assets of BIMBO FOODS, INC. SAVINGS PLAN is $362,056.00.This plan was established in 2008.

BIMBO FOODS, INC. SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2009, the total number of retirement plan participants in BIMBO FOODS, INC. SAVINGS PLAN is 3286

BIMBO FOODS, INC. SAVINGS PLAN Average Participant Retirement Account Value

In 2009, the average participant retirement account value for BIMBO FOODS, INC. SAVINGS PLAN is $110.00

BIMBO FOODS, INC. SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2009, the estimated average employee contribution amount per participant for BIMBO FOODS, INC. SAVINGS PLAN is $6,885.00.

BIMBO FOODS, INC. SAVINGS PLAN Estimated Average Employer Match

In 2009, the estimated average employer match for an employee in BIMBO FOODS, INC. SAVINGS PLAN is approximately $3,918.00
Investing in this additonal $3,918.00 for 20 years would give you extra $250,792.00, assuming a 10% annual return.

BIMBO FOODS, INC. SAVINGS PLAN Total Employer Contribution and Match Rate

In 2009, BIMBO FOODS, INC. SAVINGS PLAN allocates $12,876,644.00 to match its employees' contributions, providing an employer match rate of 113.82% of their contributions

BIMBO FOODS, INC. SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2009, the total retirement plan asset growth rate of BIMBO FOODS, INC. SAVINGS PLAN is -99.81%.

BIMBO FOODS, INC. SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2009, the estimated aggregate retirement account investment gain/loss for BIMBO FOODS, INC. SAVINGS PLAN is -101.09%. This measures the effectiveness of the plan participants' investments in the year.

BIMBO FOODS, INC. SAVINGS PLAN Expense Ratio

In 2009, the investment and administrative expense ratio of BIMBO FOODS, INC. SAVINGS PLAN is 1.77%.

Enrollment Features

BIMBO FOODS, INC. SAVINGS 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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