HAMPTON INC. 401(K) SALARY REDUCTION PLAN
Employer Match
An employer match is deemed as ‘free’ money wherein your employer contributes additional funds to your allocated retirement savings plan. The matching amount can frequently be several percentage points of your compensation. Don’t avoid this free salary ‘raise’.
In 2022, HAMPTON INC. 401(K) SALARY REDUCTION PLAN allocates $69,014 to match its employees’ contributions, providing an employer match rate of 16.46% of their contributions
In 2022, the estimated average employer match for an employee in HAMPTON INC. 401(K) SALARY REDUCTION PLAN is approximately $515