HAWK CORPORATION 401(K) RETIREMENT PLAN

Plan Contact

  • Address: 6180 COCHRAN ROAD,SOLON,OH
  • Contact person: THOMAS A GILBRIDE
  • Phone: (440) 528-3218

Plan General Information

HAWK CORPORATION 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2011, the total number of retirement plan participants in HAWK CORPORATION 401(K) RETIREMENT PLAN is 803

HAWK CORPORATION 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2011, the estimated average employee contribution amount per participant for HAWK CORPORATION 401(K) RETIREMENT PLAN is $2,895.00.

HAWK CORPORATION 401(K) RETIREMENT PLAN Estimated Average Employer Match

In 2011, the estimated average employer match for an employee in HAWK CORPORATION 401(K) RETIREMENT PLAN is approximately $1,019.00
Investing in this additonal $1,019.00 for 20 years would give you extra $65,274.00, assuming a 10% annual return.

HAWK CORPORATION 401(K) RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2011, HAWK CORPORATION 401(K) RETIREMENT PLAN allocates $818,994.00 to match its employees' contributions, providing an employer match rate of 70.44% of their contributions

Enrollment Features

HAWK CORPORATION 401(K) RETIREMENT 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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