HOFFMASTER GROUP, INC. 401K AND PROFIT SHARING PLAN
Plan Contact
- Address: 2920 NORTH MAIN STREET,OSHKOSH,WI
- Contact person: BRUCE HARRIS
- Phone: (920) 235-9356
Plan General Information
HOFFMASTER GROUP, INC. 401K AND PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in HOFFMASTER GROUP, INC. 401K AND PROFIT SHARING PLAN is 1638
HOFFMASTER GROUP, INC. 401K AND PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for HOFFMASTER GROUP, INC. 401K AND PROFIT SHARING PLAN is $4,751.00.
HOFFMASTER GROUP, INC. 401K AND PROFIT SHARING PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in HOFFMASTER GROUP, INC. 401K AND PROFIT SHARING PLAN is approximately $1,446.00
Investing in this additonal $1,446.00 for 20 years would give you extra $92,568.00, assuming a 10% annual return.
Investing in this additonal $1,446.00 for 20 years would give you extra $92,568.00, assuming a 10% annual return.
HOFFMASTER GROUP, INC. 401K AND PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2022, HOFFMASTER GROUP, INC. 401K AND PROFIT SHARING PLAN allocates $2,369,174.00 to match its employees' contributions, providing an employer match rate of 31.66% of their contributions
Enrollment Features
HOFFMASTER GROUP, INC. 401K AND PROFIT SHARING 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.
Recent Articles
- February 2025 MyPlanIQ Portfolio Update
- Maximizing Your Savings & Investments: The Power of 1% Over Time
- Key Retirement Ages: Essential Milestones for 401(k), IRA, Solo 401(k), SEP IRA, Social Security & Medicare
- Dividend Income Investments: Benefits and Pitfalls
- Rule of Thumb: The 50/30/20 Budget Rule
- Option-Based Income Funds: Pros and Cons
- 9 Lessons From Retirees’ Biggest Retirement Regrets
- Top 15 ETFs for Self-Directed Brokerage Accounts or Brokerage Window in 401(k) Plans
- Top 15 Large Companies with the Highest Employer Match Rate per Employee
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more …
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 …) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more …
Portfolio Calculator (Simulator)
Quickly enter fund allocation and get a back test result on the performance of this ‘lazy’ portfolio.
Customize Asset Allocation Portfolios
Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.
Retirement Calculator
See how much you can save for retirement.
Investment Calculator
Grow your wealth and see the power of compounding.
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan …