HARVARD BIOSCIENCE, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of HARVARD BIOSCIENCE, INC. 401(K) PLAN is $40,885,715.This plan was established in 1996.

At the end of 2022, the total number of retirement plan participants in HARVARD BIOSCIENCE, INC. 401(K) PLAN is 543

In 2022, the average participant retirement account value for HARVARD BIOSCIENCE, INC. 401(K) PLAN is $75,295

In 2022, the estimated average employee contribution amount per participant for HARVARD BIOSCIENCE, INC. 401(K) PLAN is $4,802

In 2022, the estimated average employer match for an employee in HARVARD BIOSCIENCE, INC. 401(K) PLAN is approximately $1,741

In 2022, HARVARD BIOSCIENCE, INC. 401(K) PLAN allocates $945,663 to match its employees’ contributions, providing an employer match rate of 38.27% of their contributions

In 2022, the total retirement plan asset growth rate of HARVARD BIOSCIENCE, INC. 401(K) PLAN is -14.75%

In 2022, the estimated aggregate retirement account investment gain/loss for HARVARD BIOSCIENCE, INC. 401(K) PLAN is -16.59%. This measures the effectiveness of the plan participants’ investments in the year.

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

Enrollment Features

HARVARD BIOSCIENCE, INC. 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.