HINKLE LAW FIRM LLC 401(K) EMPLOYEE BENEFIT PLAN

Plan Contact

  • Address: 1617 N. WATERFRONT PKWY, SUITE 400,WICHITA,KS
  • Contact person: ERIC S. NAMEE
  • Phone: (316) 267-2000

Plan General Information

HINKLE LAW FIRM LLC 401(K) EMPLOYEE BENEFIT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of HINKLE LAW FIRM LLC 401(K) EMPLOYEE BENEFIT PLAN is $38,397,885.00.This plan was established in 1991.

HINKLE LAW FIRM LLC 401(K) EMPLOYEE BENEFIT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in HINKLE LAW FIRM LLC 401(K) EMPLOYEE BENEFIT PLAN is 142

HINKLE LAW FIRM LLC 401(K) EMPLOYEE BENEFIT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for HINKLE LAW FIRM LLC 401(K) EMPLOYEE BENEFIT PLAN is $270,407.00

HINKLE LAW FIRM LLC 401(K) EMPLOYEE BENEFIT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for HINKLE LAW FIRM LLC 401(K) EMPLOYEE BENEFIT PLAN is $8,220.00.

HINKLE LAW FIRM LLC 401(K) EMPLOYEE BENEFIT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in HINKLE LAW FIRM LLC 401(K) EMPLOYEE BENEFIT PLAN is approximately $4,835.00
Investing in this additonal $4,835.00 for 20 years would give you extra $309,460.00, assuming a 10% annual return.

HINKLE LAW FIRM LLC 401(K) EMPLOYEE BENEFIT PLAN Total Employer Contribution and Match Rate

In 2023, HINKLE LAW FIRM LLC 401(K) EMPLOYEE BENEFIT PLAN allocates $686,615.00 to match its employees' contributions, providing an employer match rate of 60.53% of their contributions

HINKLE LAW FIRM LLC 401(K) EMPLOYEE BENEFIT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of HINKLE LAW FIRM LLC 401(K) EMPLOYEE BENEFIT PLAN is 21.53%.

HINKLE LAW FIRM LLC 401(K) EMPLOYEE BENEFIT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for HINKLE LAW FIRM LLC 401(K) EMPLOYEE BENEFIT PLAN is 18.12%. This measures the effectiveness of the plan participants' investments in the year.

HINKLE LAW FIRM LLC 401(K) EMPLOYEE BENEFIT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of HINKLE LAW FIRM LLC 401(K) EMPLOYEE BENEFIT PLAN is 0.19%.

Enrollment Features

HINKLE LAW FIRM LLC 401(K) EMPLOYEE BENEFIT 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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