HUBNER MANUFACTURING CORP. 401(K) RETIREMENT SAVINGS PLAN

Plan Contact

  • Address: 450 WANDO PARK BLVD,MOUNT PLEASANT,SC
  • Contact person: ALLISON VANDE WERKEN
  • Phone: (843) 849-9400

Plan General Information

HUBNER MANUFACTURING CORP. 401(K) RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of HUBNER MANUFACTURING CORP. 401(K) RETIREMENT SAVINGS PLAN is $4,397,798.00.This plan was established in 1996.

HUBNER MANUFACTURING CORP. 401(K) RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in HUBNER MANUFACTURING CORP. 401(K) RETIREMENT SAVINGS PLAN is 193

HUBNER MANUFACTURING CORP. 401(K) RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for HUBNER MANUFACTURING CORP. 401(K) RETIREMENT SAVINGS PLAN is $22,786.00

HUBNER MANUFACTURING CORP. 401(K) RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for HUBNER MANUFACTURING CORP. 401(K) RETIREMENT SAVINGS PLAN is $2,135.00.

HUBNER MANUFACTURING CORP. 401(K) RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in HUBNER MANUFACTURING CORP. 401(K) RETIREMENT SAVINGS PLAN is approximately $653.00
Investing in this additonal $653.00 for 20 years would give you extra $41,804.00, assuming a 10% annual return.

HUBNER MANUFACTURING CORP. 401(K) RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2022, HUBNER MANUFACTURING CORP. 401(K) RETIREMENT SAVINGS PLAN allocates $126,066.00 to match its employees' contributions, providing an employer match rate of 33.16% of their contributions

HUBNER MANUFACTURING CORP. 401(K) RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of HUBNER MANUFACTURING CORP. 401(K) RETIREMENT SAVINGS PLAN is -14.02%.

HUBNER MANUFACTURING CORP. 401(K) RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for HUBNER MANUFACTURING CORP. 401(K) RETIREMENT SAVINGS PLAN is -15.13%. This measures the effectiveness of the plan participants' investments in the year.

HUBNER MANUFACTURING CORP. 401(K) RETIREMENT SAVINGS PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of HUBNER MANUFACTURING CORP. 401(K) RETIREMENT SAVINGS PLAN is 0.13%.

Enrollment Features

HUBNER MANUFACTURING CORP. 401(K) RETIREMENT 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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