HAMRA ENTERPRISES EMPLOYEES 401(K) PLAN

At the end of 2022, the total retirement plan assets of HAMRA ENTERPRISES EMPLOYEES 401(K) PLAN is $14,114,665.This plan was established in 1994.

At the end of 2022, the total number of retirement plan participants in HAMRA ENTERPRISES EMPLOYEES 401(K) PLAN is 2374

In 2022, the average participant retirement account value for HAMRA ENTERPRISES EMPLOYEES 401(K) PLAN is $5,945

In 2022, the estimated average employee contribution amount per participant for HAMRA ENTERPRISES EMPLOYEES 401(K) PLAN is $750

In 2022, the estimated average employer match for an employee in HAMRA ENTERPRISES EMPLOYEES 401(K) PLAN is approximately $91

In 2022, HAMRA ENTERPRISES EMPLOYEES 401(K) PLAN allocates $217,812 to match its employees’ contributions, providing an employer match rate of 13.15% of their contributions

In 2022, the total retirement plan asset growth rate of HAMRA ENTERPRISES EMPLOYEES 401(K) PLAN is -13.91%

In 2022, the estimated aggregate retirement account investment gain/loss for HAMRA ENTERPRISES EMPLOYEES 401(K) PLAN is -18.79%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of HAMRA ENTERPRISES EMPLOYEES 401(K) PLAN is -0.10%.

Enrollment Features

HAMRA ENTERPRISES EMPLOYEES 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.