FOOD BUSINESS SERVICES,LLC 401(K)RETIREMENT AND SAVINGS PLAN

Plan Contact

  • Address: 550 BAILEY AVENUE,,FORT WORTH,TX
  • Contact person: MICHAEL BEST
  • Phone: (817) 546-3500

Plan General Information

FOOD BUSINESS SERVICES,LLC 401(K)RETIREMENT AND SAVINGS PLAN Total Retirement Plan Assets

At the end of 2019, the total retirement plan assets of FOOD BUSINESS SERVICES,LLC 401(K)RETIREMENT AND SAVINGS PLAN is $1,831,860.00.This plan was established in 1989.

FOOD BUSINESS SERVICES,LLC 401(K)RETIREMENT AND SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2019, the total number of retirement plan participants in FOOD BUSINESS SERVICES,LLC 401(K)RETIREMENT AND SAVINGS PLAN is 339

FOOD BUSINESS SERVICES,LLC 401(K)RETIREMENT AND SAVINGS PLAN Average Participant Retirement Account Value

In 2019, the average participant retirement account value for FOOD BUSINESS SERVICES,LLC 401(K)RETIREMENT AND SAVINGS PLAN is $5,403.00

FOOD BUSINESS SERVICES,LLC 401(K)RETIREMENT AND SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2019, the estimated average employee contribution amount per participant for FOOD BUSINESS SERVICES,LLC 401(K)RETIREMENT AND SAVINGS PLAN is $940.00.

FOOD BUSINESS SERVICES,LLC 401(K)RETIREMENT AND SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2019, the total retirement plan asset growth rate of FOOD BUSINESS SERVICES,LLC 401(K)RETIREMENT AND SAVINGS PLAN is -5.28%.

FOOD BUSINESS SERVICES,LLC 401(K)RETIREMENT AND SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2019, the estimated aggregate retirement account investment gain/loss for FOOD BUSINESS SERVICES,LLC 401(K)RETIREMENT AND SAVINGS PLAN is 19.94%. This measures the effectiveness of the plan participants' investments in the year.

FOOD BUSINESS SERVICES,LLC 401(K)RETIREMENT AND SAVINGS PLAN Expense Ratio

In 2019, the investment and administrative expense ratio of FOOD BUSINESS SERVICES,LLC 401(K)RETIREMENT AND SAVINGS PLAN is 1.95%.

Enrollment Features

FOOD BUSINESS SERVICES,LLC 401(K)RETIREMENT AND 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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