HOUSE OF RUTH RETIREMENT AND EMPLOYEE SAVINGS PLAN

Plan Contact

  • Address: 2201 ARGONNE DRIVE,BALTIMORE,MD
  • Contact person: JOSH SUTHERLAND
  • Phone: (410) 889-0840

Plan General Information

HOUSE OF RUTH RETIREMENT AND EMPLOYEE SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of HOUSE OF RUTH RETIREMENT AND EMPLOYEE SAVINGS PLAN is $8,569,170.00.This plan was established in 1991.

HOUSE OF RUTH RETIREMENT AND EMPLOYEE SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in HOUSE OF RUTH RETIREMENT AND EMPLOYEE SAVINGS PLAN is 220

HOUSE OF RUTH RETIREMENT AND EMPLOYEE SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for HOUSE OF RUTH RETIREMENT AND EMPLOYEE SAVINGS PLAN is $38,950.00

HOUSE OF RUTH RETIREMENT AND EMPLOYEE SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for HOUSE OF RUTH RETIREMENT AND EMPLOYEE SAVINGS PLAN is $1,869.00.

HOUSE OF RUTH RETIREMENT AND EMPLOYEE SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in HOUSE OF RUTH RETIREMENT AND EMPLOYEE SAVINGS PLAN is approximately $954.00
Investing in this additonal $954.00 for 20 years would give you extra $61,088.00, assuming a 10% annual return.

HOUSE OF RUTH RETIREMENT AND EMPLOYEE SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, HOUSE OF RUTH RETIREMENT AND EMPLOYEE SAVINGS PLAN allocates $209,993.00 to match its employees' contributions, providing an employer match rate of 44.39% of their contributions

HOUSE OF RUTH RETIREMENT AND EMPLOYEE SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of HOUSE OF RUTH RETIREMENT AND EMPLOYEE SAVINGS PLAN is 16.61%.

HOUSE OF RUTH RETIREMENT AND EMPLOYEE SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for HOUSE OF RUTH RETIREMENT AND EMPLOYEE SAVINGS PLAN is 12.52%. This measures the effectiveness of the plan participants' investments in the year.

HOUSE OF RUTH RETIREMENT AND EMPLOYEE SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of HOUSE OF RUTH RETIREMENT AND EMPLOYEE SAVINGS PLAN is 0.59%.

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