HALEY & ALDRICH, INC. DISCRETIONARY PROFIT SHARING & 401(K) PLAN

Overview

Plan Contact

  • Address: 70 BLANCHARD ROAD SUITE 430,BURLINGTON,MA
  • Contact person: CHERYLYN PENNEY
  • Phone: (781) 685-2115

Plan General Information


At the end of 2022, the total retirement plan assets of HALEY & ALDRICH, INC. DISCRETIONARY PROFIT SHARING & 401(K) PLAN is $197,081,846.This plan was established in 1962.

At the end of 2022, the total number of retirement plan participants in HALEY & ALDRICH, INC. DISCRETIONARY PROFIT SHARING & 401(K) PLAN is 1083

In 2022, the average participant retirement account value for HALEY & ALDRICH, INC. DISCRETIONARY PROFIT SHARING & 401(K) PLAN is $181,977

In 2022, the estimated average employee contribution amount per participant for HALEY & ALDRICH, INC. DISCRETIONARY PROFIT SHARING & 401(K) PLAN is $16,644

In 2022, the estimated average employer match for an employee in HALEY & ALDRICH, INC. DISCRETIONARY PROFIT SHARING & 401(K) PLAN is approximately $3,210

In 2022, HALEY & ALDRICH, INC. DISCRETIONARY PROFIT SHARING & 401(K) PLAN allocates $3,476,471 to match its employees’ contributions, providing an employer match rate of 38.57% of their contributions

In 2022, the total retirement plan asset growth rate of HALEY & ALDRICH, INC. DISCRETIONARY PROFIT SHARING & 401(K) PLAN is -17.62%

In 2022, the estimated aggregate retirement account investment gain/loss for HALEY & ALDRICH, INC. DISCRETIONARY PROFIT SHARING & 401(K) PLAN is -18.00%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of HALEY & ALDRICH, INC. DISCRETIONARY PROFIT SHARING & 401(K) PLAN is 0.05%.

Enrollment Features

HALEY & ALDRICH, INC. DISCRETIONARY PROFIT SHARING & 401(K) 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.