A.W. HASTINGS & CO., LLC PROFIT SHARING/401(K) PLAN

Plan Contact

  • Address: 2 PEARSON WAY,ENFIELD,CT
  • Contact person: JAIME HOLMES
  • Phone: (860) 745-2424

Plan General Information

A.W. HASTINGS & CO., LLC PROFIT SHARING/401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in A.W. HASTINGS & CO., LLC PROFIT SHARING/401(K) PLAN is 219

A.W. HASTINGS & CO., LLC PROFIT SHARING/401(K) PLAN Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for A.W. HASTINGS & CO., LLC PROFIT SHARING/401(K) PLAN is $9,118.00.

A.W. HASTINGS & CO., LLC PROFIT SHARING/401(K) PLAN Estimated Average Employer Match

In 2020, the estimated average employer match for an employee in A.W. HASTINGS & CO., LLC PROFIT SHARING/401(K) PLAN is approximately $4,503.00
Investing in this additonal $4,503.00 for 20 years would give you extra $288,226.00, assuming a 10% annual return.

A.W. HASTINGS & CO., LLC PROFIT SHARING/401(K) PLAN Total Employer Contribution and Match Rate

In 2020, A.W. HASTINGS & CO., LLC PROFIT SHARING/401(K) PLAN allocates $986,276.00 to match its employees' contributions, providing an employer match rate of 98.78% of their contributions

Enrollment Features

A.W. HASTINGS & CO., LLC PROFIT SHARING/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.


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