HARDY BROTHERS, INC. 401(K) PLAN

Plan Contact

  • Address: 6406 SILOAM ROAD,SILOAM,NC
  • Contact person: SUSAN HARGROVE
  • Phone: (336) 374-5051

Plan General Information

HARDY BROTHERS, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of HARDY BROTHERS, INC. 401(K) PLAN is $2,626,919.00.This plan was established in 2009.

HARDY BROTHERS, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in HARDY BROTHERS, INC. 401(K) PLAN is 114

HARDY BROTHERS, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for HARDY BROTHERS, INC. 401(K) PLAN is $23,043.00

HARDY BROTHERS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for HARDY BROTHERS, INC. 401(K) PLAN is $2,845.00.

HARDY BROTHERS, INC. 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in HARDY BROTHERS, INC. 401(K) PLAN is approximately $1,249.00
Investing in this additonal $1,249.00 for 20 years would give you extra $79,994.00, assuming a 10% annual return.

HARDY BROTHERS, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, HARDY BROTHERS, INC. 401(K) PLAN allocates $142,490.00 to match its employees' contributions, providing an employer match rate of 43.36% of their contributions

HARDY BROTHERS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of HARDY BROTHERS, INC. 401(K) PLAN is -38.97%.

HARDY BROTHERS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for HARDY BROTHERS, INC. 401(K) PLAN is -12.52%. This measures the effectiveness of the plan participants' investments in the year.

HARDY BROTHERS, INC. 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of HARDY BROTHERS, INC. 401(K) PLAN is 0.09%.

Enrollment Features

HARDY BROTHERS, 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.


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