HANWHA ADVANCED MATERIALS AMERICA, LLC 401(K) RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of HANWHA ADVANCED MATERIALS AMERICA, LLC 401(K) RETIREMENT PLAN is $8,344,206.This plan was established in 2007.

At the end of 2022, the total number of retirement plan participants in HANWHA ADVANCED MATERIALS AMERICA, LLC 401(K) RETIREMENT PLAN is 457

In 2022, the average participant retirement account value for HANWHA ADVANCED MATERIALS AMERICA, LLC 401(K) RETIREMENT PLAN is $18,258

In 2022, the estimated average employee contribution amount per participant for HANWHA ADVANCED MATERIALS AMERICA, LLC 401(K) RETIREMENT PLAN is $1,764

In 2022, the estimated average employer match for an employee in HANWHA ADVANCED MATERIALS AMERICA, LLC 401(K) RETIREMENT PLAN is approximately $1,351

In 2022, HANWHA ADVANCED MATERIALS AMERICA, LLC 401(K) RETIREMENT PLAN allocates $617,845 to match its employees’ contributions, providing an employer match rate of 74.84% of their contributions

In 2022, the total retirement plan asset growth rate of HANWHA ADVANCED MATERIALS AMERICA, LLC 401(K) RETIREMENT PLAN is -24.19%

In 2022, the estimated aggregate retirement account investment gain/loss for HANWHA ADVANCED MATERIALS AMERICA, LLC 401(K) RETIREMENT PLAN is -15.47%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of HANWHA ADVANCED MATERIALS AMERICA, LLC 401(K) RETIREMENT PLAN is 0.71%.

Enrollment Features

HANWHA ADVANCED MATERIALS AMERICA, LLC 401(K) RETIREMENT 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.