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Company:
Hamon Corporation
Plan:
The Hamon Corporation 401k Plan
 

Hamon Corporation

81 Plan: The Hamon Corporation 401k Plan

 
 
81
36
74
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (81) and the top rated plan (90) could equate to:
[How is this calculated?]
6 additional years of work
Up to $106,900 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

The Hamon Corporation 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 81, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Salary Deferral. The Hamon Corporation 401k Plan currently has over 200 active participants and over $18.1M in plan assets.

 

 Retirement Plan Details

Address 58 East Main Street
Somerville, NJ 08876 
Industry Engineering Services
Administrator Margherita Mozer
Net Plan Assets $18,100,000
Total Participants 250
Avg Account Balance $74,000

 Top 3 Funds in this 401k

1. Fidelity Freedom 2015 19%
2. Fidelity Freedom 2020 15%
3. Fidelity Freedom 2010 12%

  Plan Service Provider

Auditor Rosenberg, Rich, Baker, Berman & Co

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