SAG HARBOR INDUSTRIES, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 1668 SAG HARBOR TURNPIKE,SAG HARBOR,NY
  • Contact person: ZOEY RAO PING MUFF
  • Phone: (631) 725-0440

Plan General Information


At the end of 2022, the total retirement plan assets of SAG HARBOR INDUSTRIES, INC. 401(K) PLAN is $3,915,929.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in SAG HARBOR INDUSTRIES, INC. 401(K) PLAN is 131

In 2022, the average participant retirement account value for SAG HARBOR INDUSTRIES, INC. 401(K) PLAN is $29,892

In 2022, the estimated average employee contribution amount per participant for SAG HARBOR INDUSTRIES, INC. 401(K) PLAN is $1,901

In 2022, the estimated average employer match for an employee in SAG HARBOR INDUSTRIES, INC. 401(K) PLAN is approximately $246

In 2022, SAG HARBOR INDUSTRIES, INC. 401(K) PLAN allocates $32,292 to match its employees’ contributions, providing an employer match rate of 13.26% of their contributions

In 2022, the total retirement plan asset growth rate of SAG HARBOR INDUSTRIES, INC. 401(K) PLAN is -14.21%

In 2022, the estimated aggregate retirement account investment gain/loss for SAG HARBOR INDUSTRIES, INC. 401(K) PLAN is -17.02%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of SAG HARBOR INDUSTRIES, INC. 401(K) PLAN is 0.03%.

Enrollment Features

SAG HARBOR INDUSTRIES, INC. 401(K) 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.