HARDY BROTHERS, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 6406 SILOAM ROAD,SILOAM,NC
  • Contact person: SUSAN HARGROVE
  • Phone: (336) 374-5051

Plan General Information


At the end of 2022, the total retirement plan assets of HARDY BROTHERS, INC. 401(K) PLAN is $2,626,919.This plan was established in 2009.

At the end of 2022, the total number of retirement plan participants in HARDY BROTHERS, INC. 401(K) PLAN is 114

In 2022, the average participant retirement account value for HARDY BROTHERS, INC. 401(K) PLAN is $23,043

In 2022, the estimated average employee contribution amount per participant for HARDY BROTHERS, INC. 401(K) PLAN is $2,845

In 2022, the estimated average employer match for an employee in HARDY BROTHERS, INC. 401(K) PLAN is approximately $1,249

In 2022, HARDY BROTHERS, INC. 401(K) PLAN allocates $142,490 to match its employees’ contributions, providing an employer match rate of 43.36% of their contributions

In 2022, the total retirement plan asset growth rate of HARDY BROTHERS, INC. 401(K) PLAN is -38.97%

In 2022, the estimated aggregate retirement account investment gain/loss for HARDY BROTHERS, INC. 401(K) PLAN is -12.52%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of HARDY BROTHERS, INC. 401(K) PLAN is 0.09%.

Enrollment Features

HARDY BROTHERS, INC. 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.