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HOVNANIAN 401 K PLAN

Plan Contact

  • Address: 4000 ROUTE 66,TINTON FALLS,NJ
  • Contact person: LISA TRIOLA
  • Phone: (732) 922-6100

Plan General Information

HOVNANIAN 401 K PLAN Total Retirement Plan Assets

At the end of 2011, the total retirement plan assets of HOVNANIAN 401 K PLAN is $4,785,887.00.This plan was established in 1998.

HOVNANIAN 401 K PLAN Total Number of Retirement Plan Participants

At the end of 2011, the total number of retirement plan participants in HOVNANIAN 401 K PLAN is 598

HOVNANIAN 401 K PLAN Average Participant Retirement Account Value

In 2011, the average participant retirement account value for HOVNANIAN 401 K PLAN is $8,003.00

HOVNANIAN 401 K PLAN Estimated Average Employee Contribution Amount

In 2011, the estimated average employee contribution amount per participant for HOVNANIAN 401 K PLAN is $1,972.00.

HOVNANIAN 401 K PLAN Estimated Average Employer Match

In 2011, the estimated average employer match for an employee in HOVNANIAN 401 K PLAN is approximately $183.00
Investing in this additonal $183.00 for 20 years would give you extra $11,757.00, assuming a 10% annual return.

HOVNANIAN 401 K PLAN Total Employer Contribution and Match Rate

In 2011, HOVNANIAN 401 K PLAN allocates $109,857.00 to match its employees' contributions, providing an employer match rate of 18.63% of their contributions

HOVNANIAN 401 K PLAN Total Retirement Plan Asset Growth Rate

In 2011, the total retirement plan asset growth rate of HOVNANIAN 401 K PLAN is -7.29%.

HOVNANIAN 401 K PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2011, the estimated aggregate retirement account investment gain/loss for HOVNANIAN 401 K PLAN is -1.81%. This measures the effectiveness of the plan participants' investments in the year.

HOVNANIAN 401 K PLAN Expense Ratio

In 2011, the investment and administrative expense ratio of HOVNANIAN 401 K PLAN is 1.00%.

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