HERSHEY ENTERTAINMENT & RESORTS COMPANY SAVINGS PLAN
Plan Contact
- Address: 27 WEST CHOCOLATE AVENUE,HERSHEY,PA
- Contact person: ANDREA HOWARD
- Phone: (717) 534-3187
Plan General Information
HERSHEY ENTERTAINMENT & RESORTS COMPANY SAVINGS PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of HERSHEY ENTERTAINMENT & RESORTS COMPANY SAVINGS PLAN is $108,259,544.00.This plan was established in 1984.
HERSHEY ENTERTAINMENT & RESORTS COMPANY SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in HERSHEY ENTERTAINMENT & RESORTS COMPANY SAVINGS PLAN is 1250
HERSHEY ENTERTAINMENT & RESORTS COMPANY SAVINGS PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for HERSHEY ENTERTAINMENT & RESORTS COMPANY SAVINGS PLAN is $86,607.00
HERSHEY ENTERTAINMENT & RESORTS COMPANY SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for HERSHEY ENTERTAINMENT & RESORTS COMPANY SAVINGS PLAN is $4,195.00.
HERSHEY ENTERTAINMENT & RESORTS COMPANY SAVINGS PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in HERSHEY ENTERTAINMENT & RESORTS COMPANY SAVINGS PLAN is approximately $2,475.00
Investing in this additonal $2,475.00 for 20 years would give you extra $158,414.00, assuming a 10% annual return.
Investing in this additonal $2,475.00 for 20 years would give you extra $158,414.00, assuming a 10% annual return.
HERSHEY ENTERTAINMENT & RESORTS COMPANY SAVINGS PLAN Total Employer Contribution and Match Rate
In 2023, HERSHEY ENTERTAINMENT & RESORTS COMPANY SAVINGS PLAN allocates $3,094,042.00 to match its employees' contributions, providing an employer match rate of 66.17% of their contributions
HERSHEY ENTERTAINMENT & RESORTS COMPANY SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of HERSHEY ENTERTAINMENT & RESORTS COMPANY SAVINGS PLAN is 22.54%.
HERSHEY ENTERTAINMENT & RESORTS COMPANY SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for HERSHEY ENTERTAINMENT & RESORTS COMPANY SAVINGS PLAN is 19.15%. This measures the effectiveness of the plan participants' investments in the year.
HERSHEY ENTERTAINMENT & RESORTS COMPANY SAVINGS PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of HERSHEY ENTERTAINMENT & RESORTS COMPANY SAVINGS PLAN is 0.13%.
Enrollment Features
HERSHEY ENTERTAINMENT & RESORTS COMPANY SAVINGS PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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