Utz Brands announces $6M profit sharing contribution for its associates
Utz Brands, Inc. is pleased to announce an approximately $6 million-dollar profit sharing contribution for Utz Associates. Started over forty years ago, the Utz 401K Profit Sharing Plan is committed to supporting Utz Associates and their families based on the company meeting a range of corporate and operational goals. Since 2000, the 401K profit sharing contributions for Associates has exceeded $75 million dollars.
This year’s 401K profit sharing plan contribution is the realization of continued retail success. This news follows on the heels of a number of exciting announcements from Utz in the past year, including the company going public in August and the acquisition of consumer brand favorites ON THE BORDER® chips and dips and Vitner’s.