TERRA MOMO RESTAURANT GROUP LLC 401(K) PLAN

Plan Contact

  • Address: 4478 ROUTE 27,,KINGSTON,NJ
  • Contact person: ERIC S THIERINGER
  • Phone: (609) 924-4009

Plan General Information

TERRA MOMO RESTAURANT GROUP LLC 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of TERRA MOMO RESTAURANT GROUP LLC 401(K) PLAN is $3,256,709.00.This plan was established in 1994.

TERRA MOMO RESTAURANT GROUP LLC 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in TERRA MOMO RESTAURANT GROUP LLC 401(K) PLAN is 105

TERRA MOMO RESTAURANT GROUP LLC 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for TERRA MOMO RESTAURANT GROUP LLC 401(K) PLAN is $31,016.00

TERRA MOMO RESTAURANT GROUP LLC 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for TERRA MOMO RESTAURANT GROUP LLC 401(K) PLAN is $1,365.00.

TERRA MOMO RESTAURANT GROUP LLC 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in TERRA MOMO RESTAURANT GROUP LLC 401(K) PLAN is approximately $518.00
Investing in this additonal $518.00 for 20 years would give you extra $33,208.00, assuming a 10% annual return.

TERRA MOMO RESTAURANT GROUP LLC 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, TERRA MOMO RESTAURANT GROUP LLC 401(K) PLAN allocates $54,483.00 to match its employees' contributions, providing an employer match rate of 40.72% of their contributions

TERRA MOMO RESTAURANT GROUP LLC 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of TERRA MOMO RESTAURANT GROUP LLC 401(K) PLAN is -13.69%.

TERRA MOMO RESTAURANT GROUP LLC 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for TERRA MOMO RESTAURANT GROUP LLC 401(K) PLAN is -14.51%. This measures the effectiveness of the plan participants' investments in the year.

TERRA MOMO RESTAURANT GROUP LLC 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of TERRA MOMO RESTAURANT GROUP LLC 401(K) PLAN is 0.01%.

Enrollment Features

TERRA MOMO RESTAURANT GROUP LLC 401(K) 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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