POLLY'S FOOD SERVICE & AFFILIATES EMPLOYEES' RETIREMENT PLAN
Plan Contact
- Address: 1821 SPRING ARBOR RD.,JACKSON,MI
- Contact person: GUY KENNEDY
- Phone: (517) 787-6081
Plan General Information
POLLY'S FOOD SERVICE & AFFILIATES EMPLOYEES' RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of POLLY'S FOOD SERVICE & AFFILIATES EMPLOYEES' RETIREMENT PLAN is $6,103,372.00.This plan was established in 1968.
POLLY'S FOOD SERVICE & AFFILIATES EMPLOYEES' RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in POLLY'S FOOD SERVICE & AFFILIATES EMPLOYEES' RETIREMENT PLAN is 223
POLLY'S FOOD SERVICE & AFFILIATES EMPLOYEES' RETIREMENT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for POLLY'S FOOD SERVICE & AFFILIATES EMPLOYEES' RETIREMENT PLAN is $27,369.00
POLLY'S FOOD SERVICE & AFFILIATES EMPLOYEES' RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for POLLY'S FOOD SERVICE & AFFILIATES EMPLOYEES' RETIREMENT PLAN is $859.00.
POLLY'S FOOD SERVICE & AFFILIATES EMPLOYEES' RETIREMENT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in POLLY'S FOOD SERVICE & AFFILIATES EMPLOYEES' RETIREMENT PLAN is approximately $2,191.00
Investing in this additonal $2,191.00 for 20 years would give you extra $140,255.00, assuming a 10% annual return.
Investing in this additonal $2,191.00 for 20 years would give you extra $140,255.00, assuming a 10% annual return.
POLLY'S FOOD SERVICE & AFFILIATES EMPLOYEES' RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2023, POLLY'S FOOD SERVICE & AFFILIATES EMPLOYEES' RETIREMENT PLAN allocates $488,704.00 to match its employees' contributions, providing an employer match rate of 257.34% of their contributions
POLLY'S FOOD SERVICE & AFFILIATES EMPLOYEES' RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of POLLY'S FOOD SERVICE & AFFILIATES EMPLOYEES' RETIREMENT PLAN is 20.61%.
POLLY'S FOOD SERVICE & AFFILIATES EMPLOYEES' RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for POLLY'S FOOD SERVICE & AFFILIATES EMPLOYEES' RETIREMENT PLAN is 16.71%. This measures the effectiveness of the plan participants' investments in the year.
POLLY'S FOOD SERVICE & AFFILIATES EMPLOYEES' RETIREMENT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of POLLY'S FOOD SERVICE & AFFILIATES EMPLOYEES' RETIREMENT PLAN is 0.58%.
Enrollment Features
POLLY'S FOOD SERVICE & AFFILIATES EMPLOYEES' RETIREMENT 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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