THE FRESH MARK, INC. HOURLY PENSION PLAN

Plan Contact

  • Address: 1888 SOUTHWAY SW,MASSILLON,OH
  • Contact person: AARON MCCAMON
  • Phone: (330) 832-7491

Plan General Information

THE FRESH MARK, INC. HOURLY PENSION PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of THE FRESH MARK, INC. HOURLY PENSION PLAN is $20,427,691.00.This plan was established in 1993.

THE FRESH MARK, INC. HOURLY PENSION PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in THE FRESH MARK, INC. HOURLY PENSION PLAN is 1751

THE FRESH MARK, INC. HOURLY PENSION PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for THE FRESH MARK, INC. HOURLY PENSION PLAN is $11,666.00

THE FRESH MARK, INC. HOURLY PENSION PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for THE FRESH MARK, INC. HOURLY PENSION PLAN is $527.00.

THE FRESH MARK, INC. HOURLY PENSION PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in THE FRESH MARK, INC. HOURLY PENSION PLAN is approximately $218.00
Investing in this additonal $218.00 for 20 years would give you extra $13,974.00, assuming a 10% annual return.

THE FRESH MARK, INC. HOURLY PENSION PLAN Total Employer Contribution and Match Rate

In 2023, THE FRESH MARK, INC. HOURLY PENSION PLAN allocates $382,332.00 to match its employees' contributions, providing an employer match rate of 46.20% of their contributions

THE FRESH MARK, INC. HOURLY PENSION PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of THE FRESH MARK, INC. HOURLY PENSION PLAN is 12.45%.

THE FRESH MARK, INC. HOURLY PENSION PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for THE FRESH MARK, INC. HOURLY PENSION PLAN is 13.50%. This measures the effectiveness of the plan participants' investments in the year.

THE FRESH MARK, INC. HOURLY PENSION PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of THE FRESH MARK, INC. HOURLY PENSION PLAN is 0.05%.

Enrollment Features

THE FRESH MARK, INC. HOURLY PENSION 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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