HERZING 401(K) SAVINGS PLAN

Plan Contact

  • Address: W140 N8917 LILLY ROAD,MENOMONEE FALLS,WI
  • Contact person: DEBORAH PAUKNER
  • Phone: (414) 271-8103

Plan General Information

HERZING 401(K) SAVINGS PLAN Total Retirement Plan Assets

At the end of 2016, the total retirement plan assets of HERZING 401(K) SAVINGS PLAN is $26,256,582.00.This plan was established in 1978.

HERZING 401(K) SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2016, the total number of retirement plan participants in HERZING 401(K) SAVINGS PLAN is 1584

HERZING 401(K) SAVINGS PLAN Average Participant Retirement Account Value

In 2016, the average participant retirement account value for HERZING 401(K) SAVINGS PLAN is $16,576.00

HERZING 401(K) SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2016, the estimated average employee contribution amount per participant for HERZING 401(K) SAVINGS PLAN is $3,632.00.

HERZING 401(K) SAVINGS PLAN Estimated Average Employer Match

In 2016, the estimated average employer match for an employee in HERZING 401(K) SAVINGS PLAN is approximately $733.00
Investing in this additonal $733.00 for 20 years would give you extra $46,925.00, assuming a 10% annual return.

HERZING 401(K) SAVINGS PLAN Total Employer Contribution and Match Rate

In 2016, HERZING 401(K) SAVINGS PLAN allocates $1,161,416.00 to match its employees' contributions, providing an employer match rate of 40.37% of their contributions

HERZING 401(K) SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2016, the total retirement plan asset growth rate of HERZING 401(K) SAVINGS PLAN is 13.12%.

HERZING 401(K) SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2016, the estimated aggregate retirement account investment gain/loss for HERZING 401(K) SAVINGS PLAN is 6.46%. This measures the effectiveness of the plan participants' investments in the year.

HERZING 401(K) SAVINGS PLAN Expense Ratio

In 2016, the investment and administrative expense ratio of HERZING 401(K) SAVINGS PLAN is 0.48%.

Enrollment Features

HERZING 401(K) 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.


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