CHEESE MERCHANTS OF AMERICA, LLC 401(K) PLAN AND TRUST
Plan Contact
- Address: 1301 SCHIFERL ROAD,BARTLETT,IL
- Phone: (630) 221-0580
Plan General Information
CHEESE MERCHANTS OF AMERICA, LLC 401(K) PLAN AND TRUST Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of CHEESE MERCHANTS OF AMERICA, LLC 401(K) PLAN AND TRUST is $8,484,569.00.This plan was established in 2008.
CHEESE MERCHANTS OF AMERICA, LLC 401(K) PLAN AND TRUST Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in CHEESE MERCHANTS OF AMERICA, LLC 401(K) PLAN AND TRUST is 211
CHEESE MERCHANTS OF AMERICA, LLC 401(K) PLAN AND TRUST Average Participant Retirement Account Value
In 2022, the average participant retirement account value for CHEESE MERCHANTS OF AMERICA, LLC 401(K) PLAN AND TRUST is $40,211.00
CHEESE MERCHANTS OF AMERICA, LLC 401(K) PLAN AND TRUST Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for CHEESE MERCHANTS OF AMERICA, LLC 401(K) PLAN AND TRUST is $3,080.00.
CHEESE MERCHANTS OF AMERICA, LLC 401(K) PLAN AND TRUST Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in CHEESE MERCHANTS OF AMERICA, LLC 401(K) PLAN AND TRUST is approximately $1,328.00
Investing in this additonal $1,328.00 for 20 years would give you extra $85,043.00, assuming a 10% annual return.
Investing in this additonal $1,328.00 for 20 years would give you extra $85,043.00, assuming a 10% annual return.
CHEESE MERCHANTS OF AMERICA, LLC 401(K) PLAN AND TRUST Total Employer Contribution and Match Rate
In 2022, CHEESE MERCHANTS OF AMERICA, LLC 401(K) PLAN AND TRUST allocates $280,377.00 to match its employees' contributions, providing an employer match rate of 42.33% of their contributions
CHEESE MERCHANTS OF AMERICA, LLC 401(K) PLAN AND TRUST Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of CHEESE MERCHANTS OF AMERICA, LLC 401(K) PLAN AND TRUST is -8.72%.
CHEESE MERCHANTS OF AMERICA, LLC 401(K) PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for CHEESE MERCHANTS OF AMERICA, LLC 401(K) PLAN AND TRUST is -15.73%. This measures the effectiveness of the plan participants' investments in the year.
CHEESE MERCHANTS OF AMERICA, LLC 401(K) PLAN AND TRUST Expense Ratio
In 2022, the investment and administrative expense ratio of CHEESE MERCHANTS OF AMERICA, LLC 401(K) PLAN AND TRUST is 0.54%.
Enrollment Features
CHEESE MERCHANTS OF AMERICA, LLC 401(K) PLAN AND TRUST 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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