HARVEY TOOL COMPANY, LLC 401(K) RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of HARVEY TOOL COMPANY, LLC 401(K) RETIREMENT PLAN is $21,574,959.This plan was established in 2007.

At the end of 2022, the total number of retirement plan participants in HARVEY TOOL COMPANY, LLC 401(K) RETIREMENT PLAN is 420

In 2022, the average participant retirement account value for HARVEY TOOL COMPANY, LLC 401(K) RETIREMENT PLAN is $51,368

In 2022, the estimated average employee contribution amount per participant for HARVEY TOOL COMPANY, LLC 401(K) RETIREMENT PLAN is $4,543

In 2022, the estimated average employer match for an employee in HARVEY TOOL COMPANY, LLC 401(K) RETIREMENT PLAN is approximately $4,520

In 2022, HARVEY TOOL COMPANY, LLC 401(K) RETIREMENT PLAN allocates $1,898,553 to match its employees’ contributions, providing an employer match rate of 103.95% of their contributions

In 2022, the total retirement plan asset growth rate of HARVEY TOOL COMPANY, LLC 401(K) RETIREMENT PLAN is -7.53%

In 2022, the estimated aggregate retirement account investment gain/loss for HARVEY TOOL COMPANY, LLC 401(K) RETIREMENT PLAN is -15.59%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of HARVEY TOOL COMPANY, LLC 401(K) RETIREMENT PLAN is 0.53%.

Enrollment Features

HARVEY TOOL COMPANY, LLC 401(K) RETIREMENT 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.