H & M METAL PROCESSING 401(K) RETIREMENT PLAN
Plan Contact
- Address: 1414 KENMORE BLVD.,AKRON,OH
- Contact person: ALEXANDRA MCMILLEN
- Phone: (330) 745-3075
Plan General Information
H & M METAL PROCESSING 401(K) RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of H & M METAL PROCESSING 401(K) RETIREMENT PLAN is $5,492,358.00.This plan was established in 1995.
H & M METAL PROCESSING 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in H & M METAL PROCESSING 401(K) RETIREMENT PLAN is 140
H & M METAL PROCESSING 401(K) RETIREMENT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for H & M METAL PROCESSING 401(K) RETIREMENT PLAN is $39,231.00
H & M METAL PROCESSING 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for H & M METAL PROCESSING 401(K) RETIREMENT PLAN is $4,349.00.
H & M METAL PROCESSING 401(K) RETIREMENT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in H & M METAL PROCESSING 401(K) RETIREMENT PLAN is approximately $2,911.00
Investing in this additonal $2,911.00 for 20 years would give you extra $186,322.00, assuming a 10% annual return.
Investing in this additonal $2,911.00 for 20 years would give you extra $186,322.00, assuming a 10% annual return.
H & M METAL PROCESSING 401(K) RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2023, H & M METAL PROCESSING 401(K) RETIREMENT PLAN allocates $407,581.00 to match its employees' contributions, providing an employer match rate of 133.88% of their contributions
H & M METAL PROCESSING 401(K) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of H & M METAL PROCESSING 401(K) RETIREMENT PLAN is 13.20%.
H & M METAL PROCESSING 401(K) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for H & M METAL PROCESSING 401(K) RETIREMENT PLAN is 17.61%. This measures the effectiveness of the plan participants' investments in the year.
H & M METAL PROCESSING 401(K) RETIREMENT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of H & M METAL PROCESSING 401(K) RETIREMENT PLAN is 0.20%.
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