MONDELEZ GLOBAL LLC TIP PLAN
Plan Contact
- Address: 905 WEST FULTON MARKET, SUITE 200,CHICAGO,IL
- Contact person: CINDY FRIMAN
- Phone: (847) 943-4000
Plan General Information
MONDELEZ GLOBAL LLC TIP PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of MONDELEZ GLOBAL LLC TIP PLAN is $283,351,000.00.This plan was established in 2012.
MONDELEZ GLOBAL LLC TIP PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in MONDELEZ GLOBAL LLC TIP PLAN is 3371
MONDELEZ GLOBAL LLC TIP PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for MONDELEZ GLOBAL LLC TIP PLAN is $84,055.00
MONDELEZ GLOBAL LLC TIP PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for MONDELEZ GLOBAL LLC TIP PLAN is $3,701.00.
MONDELEZ GLOBAL LLC TIP PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in MONDELEZ GLOBAL LLC TIP PLAN is approximately $3,580.00
Investing in this additonal $3,580.00 for 20 years would give you extra $229,173.00, assuming a 10% annual return.
Investing in this additonal $3,580.00 for 20 years would give you extra $229,173.00, assuming a 10% annual return.
MONDELEZ GLOBAL LLC TIP PLAN Total Employer Contribution and Match Rate
In 2023, MONDELEZ GLOBAL LLC TIP PLAN allocates $12,071,000.00 to match its employees' contributions, providing an employer match rate of 89.26% of their contributions
MONDELEZ GLOBAL LLC TIP PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of MONDELEZ GLOBAL LLC TIP PLAN is 10.93%.
MONDELEZ GLOBAL LLC TIP PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for MONDELEZ GLOBAL LLC TIP PLAN is 14.65%. This measures the effectiveness of the plan participants' investments in the year.
MONDELEZ GLOBAL LLC TIP PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of MONDELEZ GLOBAL LLC TIP PLAN is 0.00%.
Enrollment Features
MONDELEZ GLOBAL LLC TIP 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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