HARTE AUTO GROUP 401(K) PLAN

Overview

Plan Contact

  • Address: 165 WEST SERVICE ROAD,HARTFORD,CT
  • Phone: (860) 549-2800

Plan General Information


At the end of 2022, the total retirement plan assets of HARTE AUTO GROUP 401(K) PLAN is $11,843,353.This plan was established in 2015.

At the end of 2022, the total number of retirement plan participants in HARTE AUTO GROUP 401(K) PLAN is 330

In 2022, the average participant retirement account value for HARTE AUTO GROUP 401(K) PLAN is $35,888

In 2022, the estimated average employee contribution amount per participant for HARTE AUTO GROUP 401(K) PLAN is $3,656

In 2022, the estimated average employer match for an employee in HARTE AUTO GROUP 401(K) PLAN is approximately $501

In 2022, HARTE AUTO GROUP 401(K) PLAN allocates $165,583 to match its employees’ contributions, providing an employer match rate of 13.81% of their contributions

In 2022, the total retirement plan asset growth rate of HARTE AUTO GROUP 401(K) PLAN is -14.21%

In 2022, the estimated aggregate retirement account investment gain/loss for HARTE AUTO GROUP 401(K) PLAN is -17.99%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of HARTE AUTO GROUP 401(K) PLAN is 0.76%.

Enrollment Features

HARTE AUTO GROUP 401(K) 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.