READY FOODS, INC. EMPLOYEES SAVINGS PLAN

Plan Contact

  • Address: 2645 W 7TH AVE,DENVER,CO
  • Contact person: AMY OLSON
  • Phone: (303) 892-5861

Plan General Information

READY FOODS, INC. EMPLOYEES SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of READY FOODS, INC. EMPLOYEES SAVINGS PLAN is $17,240,764.00.This plan was established in 1995.

READY FOODS, INC. EMPLOYEES SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in READY FOODS, INC. EMPLOYEES SAVINGS PLAN is 264

READY FOODS, INC. EMPLOYEES SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for READY FOODS, INC. EMPLOYEES SAVINGS PLAN is $65,305.00

READY FOODS, INC. EMPLOYEES SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for READY FOODS, INC. EMPLOYEES SAVINGS PLAN is $4,122.00.

READY FOODS, INC. EMPLOYEES SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in READY FOODS, INC. EMPLOYEES SAVINGS PLAN is approximately $2,429.00
Investing in this additonal $2,429.00 for 20 years would give you extra $155,458.00, assuming a 10% annual return.

READY FOODS, INC. EMPLOYEES SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, READY FOODS, INC. EMPLOYEES SAVINGS PLAN allocates $641,266.00 to match its employees' contributions, providing an employer match rate of 58.92% of their contributions

READY FOODS, INC. EMPLOYEES SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of READY FOODS, INC. EMPLOYEES SAVINGS PLAN is 14.03%.

READY FOODS, INC. EMPLOYEES SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for READY FOODS, INC. EMPLOYEES SAVINGS PLAN is 14.78%. This measures the effectiveness of the plan participants' investments in the year.

READY FOODS, INC. EMPLOYEES SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of READY FOODS, INC. EMPLOYEES SAVINGS PLAN is 0.38%.

Enrollment Features

READY FOODS, INC. EMPLOYEES SAVINGS 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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