Foodbuy, LLC
63
Plan:
Foodbuy, LLC 401k Plan
7
47
81
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (63) and the top rated plan (81) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $36,400 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
Foodbuy, LLC 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 63, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Company Generosity, Salary Deferral, and Total Plan Cost. Foodbuy, LLC 401k Plan currently has over 700 active participants and over $11.1M in plan assets.
Retirement Plan Details
| Address |
2400 Yorkmont Road
Charlotte, NC 28217 |
| Industry | Accommodation and Food Services |
| Administrator | Robert A. Kovacs |
| Net Plan Assets | $11,100,000 |
| Total Participants | 710 |
| Avg Account Balance | $16,000 |
Compare Other Companies in Peer Group
| Vitality Foodservice | 63.1 |
| Countryside Foods, LLC | 58.7 |
| Focus Brands | 57.1 |
| Pioneer College Caterers | 53.9 |
| Corporate Chefs | 47.3 |
| OPAA Food Management | 45.5 |
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