BREAKTHRU BEVERAGE GROUP 40 L(K) PLAN

Plan Contact

  • Address: 60 EAST 42ND STREET, FLOOR 49,NEW YORK,NY
  • Contact person: PATRICIA ABREGO-SANTUCCI
  • Phone: (212) 699-7000

Plan General Information

BREAKTHRU BEVERAGE GROUP 40 L(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of BREAKTHRU BEVERAGE GROUP 40 L(K) PLAN is $609,052,473.00.This plan was established in 1988.

BREAKTHRU BEVERAGE GROUP 40 L(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in BREAKTHRU BEVERAGE GROUP 40 L(K) PLAN is 6818

BREAKTHRU BEVERAGE GROUP 40 L(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for BREAKTHRU BEVERAGE GROUP 40 L(K) PLAN is $89,330.00

BREAKTHRU BEVERAGE GROUP 40 L(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for BREAKTHRU BEVERAGE GROUP 40 L(K) PLAN is $8,953.00.

BREAKTHRU BEVERAGE GROUP 40 L(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in BREAKTHRU BEVERAGE GROUP 40 L(K) PLAN is approximately $1,427.00
Investing in this additonal $1,427.00 for 20 years would give you extra $91,353.00, assuming a 10% annual return.

BREAKTHRU BEVERAGE GROUP 40 L(K) PLAN Total Employer Contribution and Match Rate

In 2023, BREAKTHRU BEVERAGE GROUP 40 L(K) PLAN allocates $9,731,956.00 to match its employees' contributions, providing an employer match rate of 31.88% of their contributions

BREAKTHRU BEVERAGE GROUP 40 L(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of BREAKTHRU BEVERAGE GROUP 40 L(K) PLAN is 20.96%.

BREAKTHRU BEVERAGE GROUP 40 L(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for BREAKTHRU BEVERAGE GROUP 40 L(K) PLAN is 24.04%. This measures the effectiveness of the plan participants' investments in the year.

BREAKTHRU BEVERAGE GROUP 40 L(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of BREAKTHRU BEVERAGE GROUP 40 L(K) PLAN is 0.11%.

Enrollment Features

BREAKTHRU BEVERAGE GROUP 40 L(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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