HONEYVILLE, INC RETIREMENT PLAN

Plan Contact

  • Address: 1040 W 600 N,OGDEN,UT
  • Contact person: SHAWN ANDERSON
  • Phone: (385) 374-9350

Plan General Information

HONEYVILLE, INC RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of HONEYVILLE, INC RETIREMENT PLAN is $10,386,000.00.This plan was established in 2001.

HONEYVILLE, INC RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in HONEYVILLE, INC RETIREMENT PLAN is 418

HONEYVILLE, INC RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for HONEYVILLE, INC RETIREMENT PLAN is $24,846.00

HONEYVILLE, INC RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for HONEYVILLE, INC RETIREMENT PLAN is $1,929.00.

HONEYVILLE, INC RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in HONEYVILLE, INC RETIREMENT PLAN is approximately $764.00
Investing in this additonal $764.00 for 20 years would give you extra $48,957.00, assuming a 10% annual return.

HONEYVILLE, INC RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, HONEYVILLE, INC RETIREMENT PLAN allocates $319,756.00 to match its employees' contributions, providing an employer match rate of 40.13% of their contributions

HONEYVILLE, INC RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of HONEYVILLE, INC RETIREMENT PLAN is 10.58%.

HONEYVILLE, INC RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for HONEYVILLE, INC RETIREMENT PLAN is 15.17%. This measures the effectiveness of the plan participants' investments in the year.

HONEYVILLE, INC RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of HONEYVILLE, INC RETIREMENT PLAN is 0.39%.

Enrollment Features

HONEYVILLE, INC RETIREMENT 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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