BUSCH'S INC. 401(K) PLAN
Plan Contact
- Address: 2240 S. MAIN ST.,ANN ARBOR,MI
- Contact person: CRISTY HESS
- Phone: (734) 429-6100
Plan General Information
BUSCH'S INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of BUSCH'S INC. 401(K) PLAN is $33,114,155.00.This plan was established in 1989.
BUSCH'S INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in BUSCH'S INC. 401(K) PLAN is 1152
BUSCH'S INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for BUSCH'S INC. 401(K) PLAN is $28,744.00
BUSCH'S INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for BUSCH'S INC. 401(K) PLAN is $1,588.00.
BUSCH'S INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in BUSCH'S INC. 401(K) PLAN is approximately $465.00
Investing in this additonal $465.00 for 20 years would give you extra $29,799.00, assuming a 10% annual return.
Investing in this additonal $465.00 for 20 years would give you extra $29,799.00, assuming a 10% annual return.
BUSCH'S INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, BUSCH'S INC. 401(K) PLAN allocates $536,397.00 to match its employees' contributions, providing an employer match rate of 29.47% of their contributions
BUSCH'S INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of BUSCH'S INC. 401(K) PLAN is 15.09%.
BUSCH'S INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for BUSCH'S INC. 401(K) PLAN is 20.74%. This measures the effectiveness of the plan participants' investments in the year.
BUSCH'S INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of BUSCH'S INC. 401(K) PLAN is 0.02%.
Enrollment Features
BUSCH'S INC. 401(K) 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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