OFS BRANDS EMPLOYEE SAVINGS PLAN & TRUST

Plan Contact

  • Address: 4611 S. 400 WEST,,HUNTINGBURG,IN
  • Contact person: DONETTA ABEL
  • Phone: (866) 637-9328

Plan General Information

OFS BRANDS EMPLOYEE SAVINGS PLAN & TRUST Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of OFS BRANDS EMPLOYEE SAVINGS PLAN & TRUST is $84,047,347.00.This plan was established in 1988.

OFS BRANDS EMPLOYEE SAVINGS PLAN & TRUST Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in OFS BRANDS EMPLOYEE SAVINGS PLAN & TRUST is 2003

OFS BRANDS EMPLOYEE SAVINGS PLAN & TRUST Average Participant Retirement Account Value

In 2023, the average participant retirement account value for OFS BRANDS EMPLOYEE SAVINGS PLAN & TRUST is $41,960.00

OFS BRANDS EMPLOYEE SAVINGS PLAN & TRUST Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for OFS BRANDS EMPLOYEE SAVINGS PLAN & TRUST is $2,724.00.

OFS BRANDS EMPLOYEE SAVINGS PLAN & TRUST Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in OFS BRANDS EMPLOYEE SAVINGS PLAN & TRUST is approximately $907.00
Investing in this additonal $907.00 for 20 years would give you extra $58,111.00, assuming a 10% annual return.

OFS BRANDS EMPLOYEE SAVINGS PLAN & TRUST Total Employer Contribution and Match Rate

In 2023, OFS BRANDS EMPLOYEE SAVINGS PLAN & TRUST allocates $1,818,708.00 to match its employees' contributions, providing an employer match rate of 34.12% of their contributions

OFS BRANDS EMPLOYEE SAVINGS PLAN & TRUST Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of OFS BRANDS EMPLOYEE SAVINGS PLAN & TRUST is 16.91%.

OFS BRANDS EMPLOYEE SAVINGS PLAN & TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for OFS BRANDS EMPLOYEE SAVINGS PLAN & TRUST is 18.02%. This measures the effectiveness of the plan participants' investments in the year.

OFS BRANDS EMPLOYEE SAVINGS PLAN & TRUST Expense Ratio

In 2023, the investment and administrative expense ratio of OFS BRANDS EMPLOYEE SAVINGS PLAN & TRUST is 0.34%.

Enrollment Features

OFS BRANDS EMPLOYEE SAVINGS PLAN & TRUST 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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