RIVER CITY FOOD COMPANY EMPLOYEE PROFIT SHARING 401(K) AND RETIREMENT PLAN

Plan Contact

  • Address: 3425 LAKE EASTBROOK BLVD., S.E.,GRAND RAPIDS,MI
  • Contact person: RUSSELL METCALF
  • Phone: (616) 776-7600

Plan General Information

RIVER CITY FOOD COMPANY EMPLOYEE PROFIT SHARING 401(K) AND RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2014, the total number of retirement plan participants in RIVER CITY FOOD COMPANY EMPLOYEE PROFIT SHARING 401(K) AND RETIREMENT PLAN is 454

RIVER CITY FOOD COMPANY EMPLOYEE PROFIT SHARING 401(K) AND RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2014, the estimated average employee contribution amount per participant for RIVER CITY FOOD COMPANY EMPLOYEE PROFIT SHARING 401(K) AND RETIREMENT PLAN is $579.00.

RIVER CITY FOOD COMPANY EMPLOYEE PROFIT SHARING 401(K) AND RETIREMENT PLAN Estimated Average Employer Match

In 2014, the estimated average employer match for an employee in RIVER CITY FOOD COMPANY EMPLOYEE PROFIT SHARING 401(K) AND RETIREMENT PLAN is approximately $15.00
Investing in this additonal $15.00 for 20 years would give you extra $964.00, assuming a 10% annual return.

RIVER CITY FOOD COMPANY EMPLOYEE PROFIT SHARING 401(K) AND RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2014, RIVER CITY FOOD COMPANY EMPLOYEE PROFIT SHARING 401(K) AND RETIREMENT PLAN allocates $6,843.00 to match its employees' contributions, providing an employer match rate of 5.20% of their contributions

Enrollment Features

RIVER CITY FOOD COMPANY EMPLOYEE PROFIT SHARING 401(K) AND 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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