1-800 HANSON’S, LLC 401(K) PLAN

Overview

Plan Contact

  • Address: 977 E 14 MILE RD,TROY,MI
  • Contact person: KATHYRYN SCHAMANEK
  • Phone: (248) 581-3030

Plan General Information


At the end of 2022, the total retirement plan assets of 1-800 HANSON’S, LLC 401(K) PLAN is $2,674,647.This plan was established in 2002.

At the end of 2022, the total number of retirement plan participants in 1-800 HANSON’S, LLC 401(K) PLAN is 193

In 2022, the average participant retirement account value for 1-800 HANSON’S, LLC 401(K) PLAN is $13,858

In 2022, the estimated average employee contribution amount per participant for 1-800 HANSON’S, LLC 401(K) PLAN is $1,849

In 2022, the estimated average employer match for an employee in 1-800 HANSON’S, LLC 401(K) PLAN is approximately $175

In 2022, 1-800 HANSON’S, LLC 401(K) PLAN allocates $33,912 to match its employees’ contributions, providing an employer match rate of 7.39% of their contributions

In 2022, the total retirement plan asset growth rate of 1-800 HANSON’S, LLC 401(K) PLAN is -10.77%

In 2022, the estimated aggregate retirement account investment gain/loss for 1-800 HANSON’S, LLC 401(K) PLAN is -15.51%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of 1-800 HANSON’S, LLC 401(K) PLAN is 1.07%.

Enrollment Features

1-800 HANSON’S, LLC 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.