HARDER MECHANICAL CONTRACTORS, INC. RETIREMENT PLAN

At the end of 2021, the total retirement plan assets of HARDER MECHANICAL CONTRACTORS, INC. RETIREMENT PLAN is $84,140,834.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in HARDER MECHANICAL CONTRACTORS, INC. RETIREMENT PLAN is 389

In 2021, the average participant retirement account value for HARDER MECHANICAL CONTRACTORS, INC. RETIREMENT PLAN is $216,300

In 2021, the estimated average employee contribution amount per participant for HARDER MECHANICAL CONTRACTORS, INC. RETIREMENT PLAN is $6,040

In 2021, the estimated average employer match for an employee in HARDER MECHANICAL CONTRACTORS, INC. RETIREMENT PLAN is approximately $10,781

In 2021, HARDER MECHANICAL CONTRACTORS, INC. RETIREMENT PLAN allocates $4,194,144 to match its employees’ contributions, providing an employer match rate of 178.51% of their contributions

In 2021, the total retirement plan asset growth rate of HARDER MECHANICAL CONTRACTORS, INC. RETIREMENT PLAN is 21.46%

In 2021, the estimated aggregate retirement account investment gain/loss for HARDER MECHANICAL CONTRACTORS, INC. RETIREMENT PLAN is 17.66%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of HARDER MECHANICAL CONTRACTORS, INC. RETIREMENT PLAN is 0.26%.

Enrollment Features

HARDER MECHANICAL CONTRACTORS, INC. 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.
    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.