HARVARD BIOSCIENCE, INC. 401(K) PLAN

Plan Contact

  • Address: 84 OCTOBER HILL ROAD,HOLLISTON,MA
  • Contact person: ALICIA M. TURNER
  • Phone: (508) 893-8999

Plan General Information

HARVARD BIOSCIENCE, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of HARVARD BIOSCIENCE, INC. 401(K) PLAN is $47,678,412.00.This plan was established in 1996.

HARVARD BIOSCIENCE, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in HARVARD BIOSCIENCE, INC. 401(K) PLAN is 491

HARVARD BIOSCIENCE, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for HARVARD BIOSCIENCE, INC. 401(K) PLAN is $97,104.00

HARVARD BIOSCIENCE, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for HARVARD BIOSCIENCE, INC. 401(K) PLAN is $4,980.00.

HARVARD BIOSCIENCE, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in HARVARD BIOSCIENCE, INC. 401(K) PLAN is approximately $1,786.00
Investing in this additonal $1,786.00 for 20 years would give you extra $114,351.00, assuming a 10% annual return.

HARVARD BIOSCIENCE, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, HARVARD BIOSCIENCE, INC. 401(K) PLAN allocates $877,290.00 to match its employees' contributions, providing an employer match rate of 36.05% of their contributions

HARVARD BIOSCIENCE, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of HARVARD BIOSCIENCE, INC. 401(K) PLAN is 16.61%.

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

In 2023, the estimated aggregate retirement account investment gain/loss for HARVARD BIOSCIENCE, INC. 401(K) PLAN is 17.79%. This measures the effectiveness of the plan participants' investments in the year.

HARVARD BIOSCIENCE, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of HARVARD BIOSCIENCE, INC. 401(K) PLAN is 0.07%.

Enrollment Features

HARVARD BIOSCIENCE, INC. 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

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