HARBORONE MORTGAGE, LLC RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of HARBORONE MORTGAGE, LLC RETIREMENT PLAN is $18,367,162.This plan was established in 1989.

At the end of 2022, the total number of retirement plan participants in HARBORONE MORTGAGE, LLC RETIREMENT PLAN is 278

In 2022, the average participant retirement account value for HARBORONE MORTGAGE, LLC RETIREMENT PLAN is $66,068

In 2022, the estimated average employee contribution amount per participant for HARBORONE MORTGAGE, LLC RETIREMENT PLAN is $5,634

In 2022, the estimated average employer match for an employee in HARBORONE MORTGAGE, LLC RETIREMENT PLAN is approximately $744

In 2022, HARBORONE MORTGAGE, LLC RETIREMENT PLAN allocates $206,909 to match its employees’ contributions, providing an employer match rate of 12.91% of their contributions

In 2022, the total retirement plan asset growth rate of HARBORONE MORTGAGE, LLC RETIREMENT PLAN is -20.29%

In 2022, the estimated aggregate retirement account investment gain/loss for HARBORONE MORTGAGE, LLC RETIREMENT PLAN is -16.76%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of HARBORONE MORTGAGE, LLC RETIREMENT PLAN is 0.38%.

Enrollment Features

HARBORONE MORTGAGE, LLC RETIREMENT 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.