HARMON CITY, INC. 401(K) RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of HARMON CITY, INC. 401(K) RETIREMENT SAVINGS PLAN is $69,461,010.This plan was established in 1972.

At the end of 2022, the total number of retirement plan participants in HARMON CITY, INC. 401(K) RETIREMENT SAVINGS PLAN is 4618

In 2022, the average participant retirement account value for HARMON CITY, INC. 401(K) RETIREMENT SAVINGS PLAN is $15,041

In 2022, the estimated average employee contribution amount per participant for HARMON CITY, INC. 401(K) RETIREMENT SAVINGS PLAN is $1,635

In 2022, the estimated average employer match for an employee in HARMON CITY, INC. 401(K) RETIREMENT SAVINGS PLAN is approximately $397

In 2022, HARMON CITY, INC. 401(K) RETIREMENT SAVINGS PLAN allocates $1,833,492 to match its employees’ contributions, providing an employer match rate of 25.71% of their contributions

In 2022, the total retirement plan asset growth rate of HARMON CITY, INC. 401(K) RETIREMENT SAVINGS PLAN is -15.48%

In 2022, the estimated aggregate retirement account investment gain/loss for HARMON CITY, INC. 401(K) RETIREMENT SAVINGS PLAN is -16.65%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of HARMON CITY, INC. 401(K) RETIREMENT SAVINGS PLAN is 0.43%.

Enrollment Features

HARMON CITY, INC. 401(K) RETIREMENT SAVINGS 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.