HARBOURVEST PARTNERS, LLC 401(K) PLAN
Overview
Plan Contact
- Address: ONE FINANCIAL CENTER, 44TH FLOOR,BOSTON,MA
- Contact person: MARK REALE
- Phone: (617) 348-3774
Plan General Information
At the end of 2022, the total retirement plan assets of HARBOURVEST PARTNERS, LLC 401(K) PLAN is $132,752,910.This plan was established in 1997.
At the end of 2022, the total number of retirement plan participants in HARBOURVEST PARTNERS, LLC 401(K) PLAN is 730
In 2022, the average participant retirement account value for HARBOURVEST PARTNERS, LLC 401(K) PLAN is $181,853
In 2022, the estimated average employee contribution amount per participant for HARBOURVEST PARTNERS, LLC 401(K) PLAN is $13,664
In 2022, the estimated average employer match for an employee in HARBOURVEST PARTNERS, LLC 401(K) PLAN is approximately $9,153
In 2022, HARBOURVEST PARTNERS, LLC 401(K) PLAN allocates $6,681,708 to match its employees’ contributions, providing an employer match rate of 72.17% of their contributions
In 2022, the total retirement plan asset growth rate of HARBOURVEST PARTNERS, LLC 401(K) PLAN is -8.75%
In 2022, the estimated aggregate retirement account investment gain/loss for HARBOURVEST PARTNERS, LLC 401(K) PLAN is -16.96%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of HARBOURVEST PARTNERS, LLC 401(K) PLAN is -0.00%.
Enrollment Features
HARBOURVEST PARTNERS, LLC 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.
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.