LOPEZ FOOD, INC. 401(K) RETIREMENT PLAN

Plan Contact

  • Address: 6020 NW 120 COURT,OKLAHOMA CITY,OK
  • Contact person: DOUG KONARIK
  • Phone: (405) 603-7500

Plan General Information

LOPEZ FOOD, INC. 401(K) RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2020, the total retirement plan assets of LOPEZ FOOD, INC. 401(K) RETIREMENT PLAN is $50,641,926.00.This plan was established in 1990.

LOPEZ FOOD, INC. 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in LOPEZ FOOD, INC. 401(K) RETIREMENT PLAN is 368

LOPEZ FOOD, INC. 401(K) RETIREMENT PLAN Average Participant Retirement Account Value

In 2020, the average participant retirement account value for LOPEZ FOOD, INC. 401(K) RETIREMENT PLAN is $137,613.00

LOPEZ FOOD, INC. 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for LOPEZ FOOD, INC. 401(K) RETIREMENT PLAN is $8,201.00.

LOPEZ FOOD, INC. 401(K) RETIREMENT PLAN Estimated Average Employer Match

In 2020, the estimated average employer match for an employee in LOPEZ FOOD, INC. 401(K) RETIREMENT PLAN is approximately $3,299.00
Investing in this additonal $3,299.00 for 20 years would give you extra $211,141.00, assuming a 10% annual return.

LOPEZ FOOD, INC. 401(K) RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2020, LOPEZ FOOD, INC. 401(K) RETIREMENT PLAN allocates $1,214,063.00 to match its employees' contributions, providing an employer match rate of 80.45% of their contributions

LOPEZ FOOD, INC. 401(K) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2020, the total retirement plan asset growth rate of LOPEZ FOOD, INC. 401(K) RETIREMENT PLAN is 70.66%.

LOPEZ FOOD, INC. 401(K) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2020, the estimated aggregate retirement account investment gain/loss for LOPEZ FOOD, INC. 401(K) RETIREMENT PLAN is 74.85%. This measures the effectiveness of the plan participants' investments in the year.

LOPEZ FOOD, INC. 401(K) RETIREMENT PLAN Expense Ratio

In 2020, the investment and administrative expense ratio of LOPEZ FOOD, INC. 401(K) RETIREMENT PLAN is 0.11%.

Enrollment Features

LOPEZ FOOD, INC. 401(K) 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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