HAR MASPETH CORP. 401(K) PLAN

Plan Contact

  • Address: 44-28 55TH AVENUE,MASPETH,NY
  • Contact person: DONGWOOK YEU
  • Phone: (718) 706-9300

Plan General Information

HAR MASPETH CORP. 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of HAR MASPETH CORP. 401(K) PLAN is $1,932,236.00.This plan was established in 2018.

HAR MASPETH CORP. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in HAR MASPETH CORP. 401(K) PLAN is 153

HAR MASPETH CORP. 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for HAR MASPETH CORP. 401(K) PLAN is $12,628.00

HAR MASPETH CORP. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for HAR MASPETH CORP. 401(K) PLAN is $2,555.00.

HAR MASPETH CORP. 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in HAR MASPETH CORP. 401(K) PLAN is approximately $1,118.00
Investing in this additonal $1,118.00 for 20 years would give you extra $71,575.00, assuming a 10% annual return.

HAR MASPETH CORP. 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, HAR MASPETH CORP. 401(K) PLAN allocates $171,110.00 to match its employees' contributions, providing an employer match rate of 42.64% of their contributions

HAR MASPETH CORP. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of HAR MASPETH CORP. 401(K) PLAN is 11.11%.

HAR MASPETH CORP. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for HAR MASPETH CORP. 401(K) PLAN is -16.87%. This measures the effectiveness of the plan participants' investments in the year.

HAR MASPETH CORP. 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of HAR MASPETH CORP. 401(K) PLAN is 1.52%.

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