HAVILAND ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN

At the end of 2022, the total retirement plan assets of HAVILAND ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN is $89,681,297.This plan was established in 1995.

At the end of 2022, the total number of retirement plan participants in HAVILAND ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN is 335

In 2022, the average participant retirement account value for HAVILAND ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN is $267,705

In 2022, the estimated average employee contribution amount per participant for HAVILAND ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN is $4,272

In 2022, the estimated average employer match for an employee in HAVILAND ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN is approximately $3,264

In 2022, HAVILAND ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN allocates $1,093,521 to match its employees’ contributions, providing an employer match rate of 74.08% of their contributions

In 2022, the total retirement plan asset growth rate of HAVILAND ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN is 28.45%

In 2022, the estimated aggregate retirement account investment gain/loss for HAVILAND ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN is 33.49%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of HAVILAND ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN is 0.09%.

Enrollment Features

HAVILAND ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP AND 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.