HR & P SOLUTIONS, INC. 401K SALARY REDUCTION PLAN
- Address: 9621 W. SAM HOUSTON PKWY N.,,,HOUSTON,TX
- Contact person: JOHN MCKAY
- Phone: (281) 880-6525
HR & P SOLUTIONS, INC. 401K SALARY REDUCTION 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 HR & P SOLUTIONS, INC. 401K SALARY REDUCTION PLAN is $65,443,226.00.This plan was established in 2001.
At the end of 2022, the total number of retirement plan participants in HR & P SOLUTIONS, INC. 401K SALARY REDUCTION PLAN is 2781
In 2022, the average participant retirement account value for HR & P SOLUTIONS, INC. 401K SALARY REDUCTION PLAN is $23,532.00
In 2022, the estimated average employee contribution amount per participant for HR & P SOLUTIONS, INC. 401K SALARY REDUCTION PLAN is $2,393.00
In 2022, the estimated average employer match for an employee in HR & P SOLUTIONS, INC. 401K SALARY REDUCTION PLAN is approximately $1,090.00
In 2022, HR & P SOLUTIONS, INC. 401K SALARY REDUCTION PLAN allocates $3,031,717.00 to match its employees' contributions, providing an employer match rate of 51.95% of their contributions
In 2022, the total retirement plan asset growth rate of HR & P SOLUTIONS, INC. 401K SALARY REDUCTION PLAN is -11.74%
In 2022, the estimated aggregate retirement account investment gain/loss for HR & P SOLUTIONS, INC. 401K SALARY REDUCTION PLAN is -15.63%. This measures the effectiveness of the plan participants' investments in the year.
In 2022, the investment and administrative expense ratio of HR & P SOLUTIONS, INC. 401K SALARY REDUCTION PLAN is 0.76%.
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