HITACHI CABLE AMERICA INC. 401(K) SAVINGS PLAN

  • Address: 15 GRAY LANE,ASHAWAY,RI
  • Contact person: MICHELLE FERERO
  • Phone: (401) 315-0654

HITACHI CABLE AMERICA INC. 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.

At the end of 2022, the total retirement plan assets of HITACHI CABLE AMERICA INC. 401(K) SAVINGS PLAN is $49,559,837.00.This plan was established in 2016.

At the end of 2022, the total number of retirement plan participants in HITACHI CABLE AMERICA INC. 401(K) SAVINGS PLAN is 945

In 2022, the average participant retirement account value for HITACHI CABLE AMERICA INC. 401(K) SAVINGS PLAN is $52,444.00

In 2022, the estimated average employee contribution amount per participant for HITACHI CABLE AMERICA INC. 401(K) SAVINGS PLAN is $2,591.00

In 2022, the estimated average employer match for an employee in HITACHI CABLE AMERICA INC. 401(K) SAVINGS PLAN is approximately $997.00

In 2022, HITACHI CABLE AMERICA INC. 401(K) SAVINGS PLAN allocates $942,600.00 to match its employees' contributions, providing an employer match rate of 36.92% of their contributions

In 2022, the total retirement plan asset growth rate of HITACHI CABLE AMERICA INC. 401(K) SAVINGS PLAN is -24.34%

In 2022, the estimated aggregate retirement account investment gain/loss for HITACHI CABLE AMERICA INC. 401(K) SAVINGS PLAN is -18.96%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of HITACHI CABLE AMERICA INC. 401(K) SAVINGS PLAN is 0.21%.

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