HARRELL’S 401(K) & PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of HARRELL’S 401(K) & PROFIT SHARING PLAN is $47,114,320.This plan was established in 1990.

At the end of 2022, the total number of retirement plan participants in HARRELL’S 401(K) & PROFIT SHARING PLAN is 502

In 2022, the average participant retirement account value for HARRELL’S 401(K) & PROFIT SHARING PLAN is $93,853

In 2022, the estimated average employee contribution amount per participant for HARRELL’S 401(K) & PROFIT SHARING PLAN is $6,599

In 2022, the estimated average employer match for an employee in HARRELL’S 401(K) & PROFIT SHARING PLAN is approximately $1,885

In 2022, HARRELL’S 401(K) & PROFIT SHARING PLAN allocates $946,373 to match its employees’ contributions, providing an employer match rate of 29.48% of their contributions

In 2022, the total retirement plan asset growth rate of HARRELL’S 401(K) & PROFIT SHARING PLAN is -11.88%

In 2022, the estimated aggregate retirement account investment gain/loss for HARRELL’S 401(K) & PROFIT SHARING PLAN is -14.87%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of HARRELL’S 401(K) & PROFIT SHARING PLAN is 0.01%.

Enrollment Features

HARRELL’S 401(K) & PROFIT SHARING 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.