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MISSION LINEN SUPPLY

Santa Barbara, California
500+ employees
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Retirement Plan Detail

Retirement Plan Ranking

Retirement Plan:
Mission Linen Supply Salary Savings Plan
This plan provides above-average contributions and strong design features, helping employers stay competitive in hiring while supporting long-term retention.
MISSION LINEN SUPPLY
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Plan Benchmark

Disclaimer: Ratings are based on firm-provided, independently audited data and reflect Mployer Advisor's opinion. They are not financial or legal advice and should be one of many factors considered when evaluating a retirement plan.
$1,541
Avg Employer Contribution per Person per Year
Leading
EE Friendly
Plan Design
Leading
EE Friendly
Admin Fees as a % of Total Assets
Laggard
10%
1 Year Return
Laggard

Peer Group

Size
500+ employees
Region
Pacific Coast
Industry
Other Services (except Public Administration

Employer & Employee Contribution

Factors like longer employee tenure and more generous match rates result in higher contributions.
Average Employer Contribution
Employer
Cohort
Average Employee Contribution
Employee
Cohort

Plan Details

Plan name
Mission Linen Supply Salary Savings Plan
Plan type
401k
Plan start date
01/01/1994
Plan assets
$72,787,144
Participation Rate
94.36 %
Loan %
1.99 %
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Key Plan Features

Each employer retirement plan is unique with different features that can benefit employees.
Loans
Yes
Self-directed
No
Auto-Enroll
Yes
Vesting Requirements
Yes

Returns

The below return percentage is an approximate one-year return. Specific employee start date's and other factors can shift the percentage up or down.
Average Returns
Employer
Cohort

Administrative Fees

Retirement plans pays fees each year to advisors and other vendors. This shows how your fees compare to like plans both as a percent of total and overall.
Administration Fees $
Employer
Cohort
Administrative Fees %
Employer
Cohort
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