HAHNEL BROS, CO. 401(K) PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: PO BOX 1160,LEWISTON,ME
  • Contact person: ALAN HAHNEL
  • Phone: (207) 784-6477

Plan General Information


At the end of 2022, the total retirement plan assets of HAHNEL BROS, CO. 401(K) PROFIT SHARING PLAN is $5,676,001.This plan was established in 1979.

At the end of 2022, the total number of retirement plan participants in HAHNEL BROS, CO. 401(K) PROFIT SHARING PLAN is 159

In 2022, the average participant retirement account value for HAHNEL BROS, CO. 401(K) PROFIT SHARING PLAN is $35,698

In 2022, the estimated average employee contribution amount per participant for HAHNEL BROS, CO. 401(K) PROFIT SHARING PLAN is $1,618

In 2022, the estimated average employer match for an employee in HAHNEL BROS, CO. 401(K) PROFIT SHARING PLAN is approximately $899

In 2022, HAHNEL BROS, CO. 401(K) PROFIT SHARING PLAN allocates $143,000 to match its employees’ contributions, providing an employer match rate of 56.99% of their contributions

In 2022, the total retirement plan asset growth rate of HAHNEL BROS, CO. 401(K) PROFIT SHARING PLAN is -13.16%

In 2022, the estimated aggregate retirement account investment gain/loss for HAHNEL BROS, CO. 401(K) PROFIT SHARING PLAN is -15.45%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of HAHNEL BROS, CO. 401(K) PROFIT SHARING PLAN is 0.11%.

Enrollment Features