NORSK HYDRO 401(K) SAVINGS PLAN

Plan Contact

  • Address: 1500 WHETSTONE WAY,,BALTIMORE,MD
  • Contact person: J. DUNCAN PITCHFORD
  • Phone: (443) 835-3133

Plan General Information

NORSK HYDRO 401(K) SAVINGS PLAN Total Retirement Plan Assets

At the end of 2018, the total retirement plan assets of NORSK HYDRO 401(K) SAVINGS PLAN is $32,065,103.00.This plan was established in 1999.

NORSK HYDRO 401(K) SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2018, the total number of retirement plan participants in NORSK HYDRO 401(K) SAVINGS PLAN is 431

NORSK HYDRO 401(K) SAVINGS PLAN Average Participant Retirement Account Value

In 2018, the average participant retirement account value for NORSK HYDRO 401(K) SAVINGS PLAN is $74,396.00

NORSK HYDRO 401(K) SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2018, the estimated average employee contribution amount per participant for NORSK HYDRO 401(K) SAVINGS PLAN is $4,032.00.

NORSK HYDRO 401(K) SAVINGS PLAN Estimated Average Employer Match

In 2018, the estimated average employer match for an employee in NORSK HYDRO 401(K) SAVINGS PLAN is approximately $1,959.00
Investing in this additonal $1,959.00 for 20 years would give you extra $125,386.00, assuming a 10% annual return.

NORSK HYDRO 401(K) SAVINGS PLAN Total Employer Contribution and Match Rate

In 2018, NORSK HYDRO 401(K) SAVINGS PLAN allocates $844,400.00 to match its employees' contributions, providing an employer match rate of 97.17% of their contributions

NORSK HYDRO 401(K) SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2018, the total retirement plan asset growth rate of NORSK HYDRO 401(K) SAVINGS PLAN is -10.27%.

NORSK HYDRO 401(K) SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2018, the estimated aggregate retirement account investment gain/loss for NORSK HYDRO 401(K) SAVINGS PLAN is -4.60%. This measures the effectiveness of the plan participants' investments in the year.

NORSK HYDRO 401(K) SAVINGS PLAN Expense Ratio

In 2018, the investment and administrative expense ratio of NORSK HYDRO 401(K) SAVINGS PLAN is 0.27%.

Enrollment Features

NORSK HYDRO 401(K) SAVINGS 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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