UTAH FOOD BANK 403(B) PLAN

Plan Contact

  • Address: 3150 S 900 W,SALT LAKE CITY,UT
  • Contact person: JENNIFER PRATT
  • Phone: (801) 978-2452

Plan General Information

UTAH FOOD BANK 403(B) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of UTAH FOOD BANK 403(B) PLAN is $3,629,990.00.This plan was established in 1999.

UTAH FOOD BANK 403(B) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in UTAH FOOD BANK 403(B) PLAN is 151

UTAH FOOD BANK 403(B) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for UTAH FOOD BANK 403(B) PLAN is $24,039.00

UTAH FOOD BANK 403(B) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for UTAH FOOD BANK 403(B) PLAN is $2,480.00.

UTAH FOOD BANK 403(B) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in UTAH FOOD BANK 403(B) PLAN is approximately $2,177.00
Investing in this additonal $2,177.00 for 20 years would give you extra $139,330.00, assuming a 10% annual return.

UTAH FOOD BANK 403(B) PLAN Total Employer Contribution and Match Rate

In 2022, UTAH FOOD BANK 403(B) PLAN allocates $328,734.00 to match its employees' contributions, providing an employer match rate of 175.56% of their contributions

UTAH FOOD BANK 403(B) PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of UTAH FOOD BANK 403(B) PLAN is -5.42%.

UTAH FOOD BANK 403(B) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for UTAH FOOD BANK 403(B) PLAN is -11.81%. This measures the effectiveness of the plan participants' investments in the year.

UTAH FOOD BANK 403(B) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of UTAH FOOD BANK 403(B) PLAN is 0.47%.

Enrollment Features

UTAH FOOD BANK 403(B) 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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