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.