HARDWARE SPECIALTY CO., INC. 401(K) SAVINGS PLAN & TRUST
Overview
Plan Contact
- Address: 4875 36TH ST.,LONG ISLAND CITY,NY
- Contact person: MARGARET SANTORUFO
- Phone: (718) 361-9393
Plan General Information
At the end of 2022, the total retirement plan assets of HARDWARE SPECIALTY CO., INC. 401(K) SAVINGS PLAN & TRUST is $24,533,462.This plan was established in 1990.
At the end of 2022, the total number of retirement plan participants in HARDWARE SPECIALTY CO., INC. 401(K) SAVINGS PLAN & TRUST is 297
In 2022, the average participant retirement account value for HARDWARE SPECIALTY CO., INC. 401(K) SAVINGS PLAN & TRUST is $82,604
In 2022, the estimated average employee contribution amount per participant for HARDWARE SPECIALTY CO., INC. 401(K) SAVINGS PLAN & TRUST is $3,794
In 2022, the estimated average employer match for an employee in HARDWARE SPECIALTY CO., INC. 401(K) SAVINGS PLAN & TRUST is approximately $1,520
In 2022, HARDWARE SPECIALTY CO., INC. 401(K) SAVINGS PLAN & TRUST allocates $451,688 to match its employees’ contributions, providing an employer match rate of 41.19% of their contributions
In 2022, the total retirement plan asset growth rate of HARDWARE SPECIALTY CO., INC. 401(K) SAVINGS PLAN & TRUST is -26.44%
In 2022, the estimated aggregate retirement account investment gain/loss for HARDWARE SPECIALTY CO., INC. 401(K) SAVINGS PLAN & TRUST is -19.00%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of HARDWARE SPECIALTY CO., INC. 401(K) SAVINGS PLAN & TRUST is 0.01%.
Enrollment Features
HARDWARE SPECIALTY CO., INC. 401(K) SAVINGS PLAN & TRUST has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.