HARDINGE INC. RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of HARDINGE INC. RETIREMENT PLAN is $55,086,672.This plan was established in 1957.

At the end of 2022, the total number of retirement plan participants in HARDINGE INC. RETIREMENT PLAN is 786

In 2022, the average participant retirement account value for HARDINGE INC. RETIREMENT PLAN is $70,084

In 2022, the estimated average employee contribution amount per participant for HARDINGE INC. RETIREMENT PLAN is $3,771

In 2022, the estimated average employer match for an employee in HARDINGE INC. RETIREMENT PLAN is approximately $2,122

In 2022, HARDINGE INC. RETIREMENT PLAN allocates $1,667,990 to match its employees’ contributions, providing an employer match rate of 62.42% of their contributions

In 2022, the total retirement plan asset growth rate of HARDINGE INC. RETIREMENT PLAN is -15.46%

In 2022, the estimated aggregate retirement account investment gain/loss for HARDINGE INC. RETIREMENT PLAN is -15.56%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of HARDINGE INC. RETIREMENT PLAN is 0.04%.

Enrollment Features

HARDINGE 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.