HACIENDA FORD INC. 401(K) PLAN
Overview
Plan Contact
- Address: 3010 W. UNIVERSITY DRIVE,EDINBURG,TX
- Contact person: LIEN YODER
- Phone: (956) 383-1615
Plan General Information
At the end of 2022, the total retirement plan assets of HACIENDA FORD INC. 401(K) PLAN is $4,687,816.This plan was established in 2007.
At the end of 2022, the total number of retirement plan participants in HACIENDA FORD INC. 401(K) PLAN is 455
In 2022, the average participant retirement account value for HACIENDA FORD INC. 401(K) PLAN is $10,302
In 2022, the estimated average employee contribution amount per participant for HACIENDA FORD INC. 401(K) PLAN is $1,748
In 2022, the estimated average employer match for an employee in HACIENDA FORD INC. 401(K) PLAN is approximately $728
In 2022, HACIENDA FORD INC. 401(K) PLAN allocates $331,321 to match its employees’ contributions, providing an employer match rate of 45.45% of their contributions
In 2022, the total retirement plan asset growth rate of HACIENDA FORD INC. 401(K) PLAN is -2.47%
In 2022, the estimated aggregate retirement account investment gain/loss for HACIENDA FORD INC. 401(K) PLAN is -15.30%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of HACIENDA FORD INC. 401(K) PLAN is 0.80%.
Enrollment Features
HACIENDA FORD INC. 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.