HARTFIEL AUTOMATION, INC. 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of HARTFIEL AUTOMATION, INC. 401(K) PROFIT SHARING PLAN is $21,351,738.This plan was established in 1964.

At the end of 2022, the total number of retirement plan participants in HARTFIEL AUTOMATION, INC. 401(K) PROFIT SHARING PLAN is 281

In 2022, the average participant retirement account value for HARTFIEL AUTOMATION, INC. 401(K) PROFIT SHARING PLAN is $75,984

In 2022, the estimated average employee contribution amount per participant for HARTFIEL AUTOMATION, INC. 401(K) PROFIT SHARING PLAN is $4,607

In 2022, the estimated average employer match for an employee in HARTFIEL AUTOMATION, INC. 401(K) PROFIT SHARING PLAN is approximately $2,354

In 2022, HARTFIEL AUTOMATION, INC. 401(K) PROFIT SHARING PLAN allocates $661,743 to match its employees’ contributions, providing an employer match rate of 52.22% of their contributions

In 2022, the total retirement plan asset growth rate of HARTFIEL AUTOMATION, INC. 401(K) PROFIT SHARING PLAN is -22.80%

In 2022, the estimated aggregate retirement account investment gain/loss for HARTFIEL AUTOMATION, INC. 401(K) PROFIT SHARING PLAN is -17.69%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of HARTFIEL AUTOMATION, INC. 401(K) PROFIT SHARING PLAN is 0.08%.

Enrollment Features

HARTFIEL AUTOMATION, INC. 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.