HR SOLUTIONS 401K RETIREMENT PLAN

Plan Contact

  • Address: 6421 PERKINS ROAD, SUITE 2A,BATON ROUGE,LA
  • Phone: (225) 769-0669

Plan General Information

HR SOLUTIONS 401K RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of HR SOLUTIONS 401K RETIREMENT PLAN is $6,589,813.00.This plan was established in 2003.

HR SOLUTIONS 401K RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in HR SOLUTIONS 401K RETIREMENT PLAN is 330

HR SOLUTIONS 401K RETIREMENT PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for HR SOLUTIONS 401K RETIREMENT PLAN is $19,969.00

HR SOLUTIONS 401K RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for HR SOLUTIONS 401K RETIREMENT PLAN is $1,913.00.

HR SOLUTIONS 401K RETIREMENT PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in HR SOLUTIONS 401K RETIREMENT PLAN is approximately $622.00
Investing in this additonal $622.00 for 20 years would give you extra $39,864.00, assuming a 10% annual return.

HR SOLUTIONS 401K RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2022, HR SOLUTIONS 401K RETIREMENT PLAN allocates $205,549.00 to match its employees' contributions, providing an employer match rate of 34.33% of their contributions

HR SOLUTIONS 401K RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of HR SOLUTIONS 401K RETIREMENT PLAN is -16.30%.

HR SOLUTIONS 401K RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for HR SOLUTIONS 401K RETIREMENT PLAN is -17.38%. This measures the effectiveness of the plan participants' investments in the year.

HR SOLUTIONS 401K RETIREMENT PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of HR SOLUTIONS 401K RETIREMENT PLAN is 0.61%.

Enrollment Features

HR SOLUTIONS 401K RETIREMENT 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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