HAAG ENGINEERING CO. EMPLOYEES PROFIT SHARING/401(K) PLAN AND TRUST

Plan Contact

  • Address: 1410 LAKESIDE PARKWAY SUITE 100,FLOWER MOUND,TX
  • Contact person: JASON RUDKIN
  • Phone: (214) 614-6500

Plan General Information

HAAG ENGINEERING CO. EMPLOYEES PROFIT SHARING/401(K) PLAN AND TRUST Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of HAAG ENGINEERING CO. EMPLOYEES PROFIT SHARING/401(K) PLAN AND TRUST is $34,359,558.00.This plan was established in 1964.

HAAG ENGINEERING CO. EMPLOYEES PROFIT SHARING/401(K) PLAN AND TRUST Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in HAAG ENGINEERING CO. EMPLOYEES PROFIT SHARING/401(K) PLAN AND TRUST is 199

HAAG ENGINEERING CO. EMPLOYEES PROFIT SHARING/401(K) PLAN AND TRUST Average Participant Retirement Account Value

In 2023, the average participant retirement account value for HAAG ENGINEERING CO. EMPLOYEES PROFIT SHARING/401(K) PLAN AND TRUST is $172,661.00

HAAG ENGINEERING CO. EMPLOYEES PROFIT SHARING/401(K) PLAN AND TRUST Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for HAAG ENGINEERING CO. EMPLOYEES PROFIT SHARING/401(K) PLAN AND TRUST is $7,658.00.

HAAG ENGINEERING CO. EMPLOYEES PROFIT SHARING/401(K) PLAN AND TRUST Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in HAAG ENGINEERING CO. EMPLOYEES PROFIT SHARING/401(K) PLAN AND TRUST is approximately $3,537.00
Investing in this additonal $3,537.00 for 20 years would give you extra $226,426.00, assuming a 10% annual return.

HAAG ENGINEERING CO. EMPLOYEES PROFIT SHARING/401(K) PLAN AND TRUST Total Employer Contribution and Match Rate

In 2023, HAAG ENGINEERING CO. EMPLOYEES PROFIT SHARING/401(K) PLAN AND TRUST allocates $704,044.00 to match its employees' contributions, providing an employer match rate of 43.37% of their contributions

HAAG ENGINEERING CO. EMPLOYEES PROFIT SHARING/401(K) PLAN AND TRUST Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of HAAG ENGINEERING CO. EMPLOYEES PROFIT SHARING/401(K) PLAN AND TRUST is 18.60%.

HAAG ENGINEERING CO. EMPLOYEES PROFIT SHARING/401(K) PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for HAAG ENGINEERING CO. EMPLOYEES PROFIT SHARING/401(K) PLAN AND TRUST is 16.93%. This measures the effectiveness of the plan participants' investments in the year.

HAAG ENGINEERING CO. EMPLOYEES PROFIT SHARING/401(K) PLAN AND TRUST Expense Ratio

In 2023, the investment and administrative expense ratio of HAAG ENGINEERING CO. EMPLOYEES PROFIT SHARING/401(K) PLAN AND TRUST is 0.16%.

Enrollment Features

HAAG ENGINEERING CO. EMPLOYEES PROFIT SHARING/401(K) PLAN AND TRUST 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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