HR1 SERVICES 401(K) SAVINGS PLAN

Plan Contact

  • Address: 2030 POWERS FERRY ROAD, SUITE 120,ATLANTA,GA
  • Contact person: RICHARD HICKS
  • Phone: (770) 541-7823

Plan General Information

HR1 SERVICES 401(K) SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of HR1 SERVICES 401(K) SAVINGS PLAN is $7,085,887.00.This plan was established in 2004.

HR1 SERVICES 401(K) SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in HR1 SERVICES 401(K) SAVINGS PLAN is 174

HR1 SERVICES 401(K) SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for HR1 SERVICES 401(K) SAVINGS PLAN is $40,723.00

HR1 SERVICES 401(K) SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for HR1 SERVICES 401(K) SAVINGS PLAN is $3,498.00.

HR1 SERVICES 401(K) SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in HR1 SERVICES 401(K) SAVINGS PLAN is approximately $853.00
Investing in this additonal $853.00 for 20 years would give you extra $54,641.00, assuming a 10% annual return.

HR1 SERVICES 401(K) SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, HR1 SERVICES 401(K) SAVINGS PLAN allocates $148,557.00 to match its employees' contributions, providing an employer match rate of 48.81% of their contributions

HR1 SERVICES 401(K) SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of HR1 SERVICES 401(K) SAVINGS PLAN is 12.29%.

HR1 SERVICES 401(K) SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for HR1 SERVICES 401(K) SAVINGS PLAN is 16.98%. This measures the effectiveness of the plan participants' investments in the year.

HR1 SERVICES 401(K) SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of HR1 SERVICES 401(K) SAVINGS PLAN is 0.00%.

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