SOUTHERN FOODSERVICE MANAGEMENT, INC. 401(K) PLAN
Plan Contact
- Address: 431 OFFICE PARK DRIVE,,BIRMINGHAM,AL
- Contact person: CLAY JONES
- Phone: (205) 871-8000
Plan General Information
SOUTHERN FOODSERVICE MANAGEMENT, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of SOUTHERN FOODSERVICE MANAGEMENT, INC. 401(K) PLAN is $4,368,158.00.This plan was established in 1991.
SOUTHERN FOODSERVICE MANAGEMENT, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in SOUTHERN FOODSERVICE MANAGEMENT, INC. 401(K) PLAN is 580
SOUTHERN FOODSERVICE MANAGEMENT, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for SOUTHERN FOODSERVICE MANAGEMENT, INC. 401(K) PLAN is $7,531.00
SOUTHERN FOODSERVICE MANAGEMENT, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for SOUTHERN FOODSERVICE MANAGEMENT, INC. 401(K) PLAN is $1,214.00.
SOUTHERN FOODSERVICE MANAGEMENT, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in SOUTHERN FOODSERVICE MANAGEMENT, INC. 401(K) PLAN is approximately $117.00
Investing in this additonal $117.00 for 20 years would give you extra $7,488.00, assuming a 10% annual return.
Investing in this additonal $117.00 for 20 years would give you extra $7,488.00, assuming a 10% annual return.
SOUTHERN FOODSERVICE MANAGEMENT, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, SOUTHERN FOODSERVICE MANAGEMENT, INC. 401(K) PLAN allocates $67,866.00 to match its employees' contributions, providing an employer match rate of 19.27% of their contributions
SOUTHERN FOODSERVICE MANAGEMENT, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of SOUTHERN FOODSERVICE MANAGEMENT, INC. 401(K) PLAN is 16.18%.
SOUTHERN FOODSERVICE MANAGEMENT, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for SOUTHERN FOODSERVICE MANAGEMENT, INC. 401(K) PLAN is 11.48%. This measures the effectiveness of the plan participants' investments in the year.
SOUTHERN FOODSERVICE MANAGEMENT, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of SOUTHERN FOODSERVICE MANAGEMENT, INC. 401(K) PLAN is 0.08%.
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