KEN'S BEVERAGE, INC. EMPLOYEE'S PROFIT SHARING PLAN
Plan Contact
- Address: P.O. BOX 110,MONTGOMERY,IL
- Contact person: KENNETH REIMER
- Phone: (630) 904-2653
Plan General Information
KEN'S BEVERAGE, INC. EMPLOYEE'S PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2021, the total number of retirement plan participants in KEN'S BEVERAGE, INC. EMPLOYEE'S PROFIT SHARING PLAN is 370
KEN'S BEVERAGE, INC. EMPLOYEE'S PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2021, the estimated average employee contribution amount per participant for KEN'S BEVERAGE, INC. EMPLOYEE'S PROFIT SHARING PLAN is $401.00.
KEN'S BEVERAGE, INC. EMPLOYEE'S PROFIT SHARING PLAN Estimated Average Employer Match
In 2021, the estimated average employer match for an employee in KEN'S BEVERAGE, INC. EMPLOYEE'S PROFIT SHARING PLAN is approximately $99.00
Investing in this additonal $99.00 for 20 years would give you extra $6,352.00, assuming a 10% annual return.
Investing in this additonal $99.00 for 20 years would give you extra $6,352.00, assuming a 10% annual return.
KEN'S BEVERAGE, INC. EMPLOYEE'S PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2021, KEN'S BEVERAGE, INC. EMPLOYEE'S PROFIT SHARING PLAN allocates $36,728.00 to match its employees' contributions, providing an employer match rate of 24.75% of their contributions
Enrollment Features
KEN'S BEVERAGE, INC. EMPLOYEE'S PROFIT SHARING PLAN 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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