MODERN HIRE, INC. 401(K) PROFIT SHARING PLAN AND TRUST
Plan Contact
- Address: 3201 ENTERPRISE PARKWAY SUITE 460,CLEVELAND,OH
- Contact person: ANTHONY WARREN
- Phone: (216) 292-0202
Plan General Information
MODERN HIRE, INC. 401(K) PROFIT SHARING PLAN AND TRUST Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in MODERN HIRE, INC. 401(K) PROFIT SHARING PLAN AND TRUST is 216
MODERN HIRE, INC. 401(K) PROFIT SHARING PLAN AND TRUST Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for MODERN HIRE, INC. 401(K) PROFIT SHARING PLAN AND TRUST is $3,496.00.
MODERN HIRE, INC. 401(K) PROFIT SHARING PLAN AND TRUST Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in MODERN HIRE, INC. 401(K) PROFIT SHARING PLAN AND TRUST is approximately $466.00
Investing in this additonal $466.00 for 20 years would give you extra $29,828.00, assuming a 10% annual return.
Investing in this additonal $466.00 for 20 years would give you extra $29,828.00, assuming a 10% annual return.
MODERN HIRE, INC. 401(K) PROFIT SHARING PLAN AND TRUST Total Employer Contribution and Match Rate
In 2023, MODERN HIRE, INC. 401(K) PROFIT SHARING PLAN AND TRUST allocates $100,671.00 to match its employees' contributions, providing an employer match rate of 14.05% of their contributions
Enrollment Features
MODERN HIRE, INC. 401(K) PROFIT SHARING PLAN AND TRUST has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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