HARRISON INN SIXTY-SIX, INC. SAFE HARBOR PLAN

Plan Contact

  • Address: PO BOX 160,,OCEAN CITY,MD
  • Contact person: BILL DELLER
  • Phone: (410) 289-4444

Plan General Information

HARRISON INN SIXTY-SIX, INC. SAFE HARBOR PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of HARRISON INN SIXTY-SIX, INC. SAFE HARBOR PLAN is $11,887,602.00.This plan was established in 1998.

HARRISON INN SIXTY-SIX, INC. SAFE HARBOR PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in HARRISON INN SIXTY-SIX, INC. SAFE HARBOR PLAN is 447

HARRISON INN SIXTY-SIX, INC. SAFE HARBOR PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for HARRISON INN SIXTY-SIX, INC. SAFE HARBOR PLAN is $26,594.00

HARRISON INN SIXTY-SIX, INC. SAFE HARBOR PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for HARRISON INN SIXTY-SIX, INC. SAFE HARBOR PLAN is $1,175.00.

HARRISON INN SIXTY-SIX, INC. SAFE HARBOR PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in HARRISON INN SIXTY-SIX, INC. SAFE HARBOR PLAN is approximately $685.00
Investing in this additonal $685.00 for 20 years would give you extra $43,853.00, assuming a 10% annual return.

HARRISON INN SIXTY-SIX, INC. SAFE HARBOR PLAN Total Employer Contribution and Match Rate

In 2023, HARRISON INN SIXTY-SIX, INC. SAFE HARBOR PLAN allocates $306,289.00 to match its employees' contributions, providing an employer match rate of 52.87% of their contributions

HARRISON INN SIXTY-SIX, INC. SAFE HARBOR PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of HARRISON INN SIXTY-SIX, INC. SAFE HARBOR PLAN is 20.08%.

HARRISON INN SIXTY-SIX, INC. SAFE HARBOR PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for HARRISON INN SIXTY-SIX, INC. SAFE HARBOR PLAN is 17.69%. This measures the effectiveness of the plan participants' investments in the year.

HARRISON INN SIXTY-SIX, INC. SAFE HARBOR PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of HARRISON INN SIXTY-SIX, INC. SAFE HARBOR PLAN is 0.21%.

Enrollment Features

HARRISON INN SIXTY-SIX, INC. SAFE HARBOR 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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