HAHN LOESER & PARKS LLP 401(K) PLAN
Overview
Plan Contact
- Address: 200 PUBLIC SQUARE,,CLEVELAND,OH
- Contact person: JEFFREY FOLKMAN
- Phone: (216) 621-0150
Plan General Information
At the end of 2022, the total retirement plan assets of HAHN LOESER & PARKS LLP 401(K) PLAN is $45,117,205.This plan was established in 1986.
At the end of 2022, the total number of retirement plan participants in HAHN LOESER & PARKS LLP 401(K) PLAN is 343
In 2022, the average participant retirement account value for HAHN LOESER & PARKS LLP 401(K) PLAN is $131,537
In 2022, the estimated average employee contribution amount per participant for HAHN LOESER & PARKS LLP 401(K) PLAN is $8,535
In 2022, the estimated average employer match for an employee in HAHN LOESER & PARKS LLP 401(K) PLAN is approximately $85
In 2022, HAHN LOESER & PARKS LLP 401(K) PLAN allocates $29,400 to match its employees’ contributions, providing an employer match rate of 1.02% of their contributions
In 2022, the total retirement plan asset growth rate of HAHN LOESER & PARKS LLP 401(K) PLAN is -10.58%
In 2022, the estimated aggregate retirement account investment gain/loss for HAHN LOESER & PARKS LLP 401(K) PLAN is -14.50%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of HAHN LOESER & PARKS LLP 401(K) PLAN is 0.20%.
Enrollment Features
HAHN LOESER & PARKS LLP 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.