Hardinge Inc. 401(k) Plan: Login, Facts & Contact Information

Hardinge Inc. 401(k) Plan Facts

Plan name
HARDINGE INC. RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
HARDINGE INC.
Participants
866 (488 active employees)
Former employees with a balance
318
Plan assets
$59,380,455 at Dec 31, 2023
Average account balance
$73,491 across 808 accounts
Employer contributions
$1,619,745 in plan year 2023 (35% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
Jan 1, 1957
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Dec 31, 2023), filed Oct 15, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $4.69 million went into the plan in contributions, $1.62 million of it from the employer (35%).
  • $8.78 million was paid out to participants.
  • Investment and other income added $8.40 million.
  • Administrative expenses were $26,869, about $33 per account.

How the Hardinge Inc. 401(k) changed, 2018–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2018612$51.0 million$1.39 million$9.25 million
2019624$57.0 million$1.15 million$7.89 million
2020668$60.4 million$1.04 million$7.38 million
2021631$65.2 million$1.36 million$7.32 million
2022786$55.1 million$1.67 million$5.01 million
2023866$59.4 million$1.62 million$8.78 million

Hardinge Inc. 401(k) Contact Information

Phone
607-734-2281
Mailing address
P.O. BOX 1507 1 HARDINGE DRIVE, ELMIRA NY 149021507
Plan sponsor
HARDINGE INC.
Plan administrator
HARDINGE INC. RETIREMENT PLAN COMMITTEE
Employer identification number (EIN)
16-0470200
Plan number
002

Questions about the Hardinge Inc. 401(k)

Does Hardinge Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $1.62 million, 35% of all contributions.

Does the Hardinge Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Hardinge Inc 401(k) plan?

866 participants at the start of plan year 2023, 488 of them active employees, and 318 former employees who still had money in the plan.

What is the average 401(k) balance at Hardinge Inc?

About $73,491 per account: $59.4 million in plan assets across 808 accounts with a balance at the end of plan year 2023.

Who manages the Hardinge Inc 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Hardinge Inc. How do I access my 401(k)?

Your account stays with Vanguard after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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