403(B) THRIFT PLAN FOR EMPLOYEES OF MERIDIAN HEALTHCARE
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Plan General Information
403(B) THRIFT PLAN FOR EMPLOYEES OF MERIDIAN HEALTHCARE Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of 403(B) THRIFT PLAN FOR EMPLOYEES OF MERIDIAN HEALTHCARE is $4,765,858.00.This plan was established in 1995.
403(B) THRIFT PLAN FOR EMPLOYEES OF MERIDIAN HEALTHCARE Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in 403(B) THRIFT PLAN FOR EMPLOYEES OF MERIDIAN HEALTHCARE is 315
403(B) THRIFT PLAN FOR EMPLOYEES OF MERIDIAN HEALTHCARE Average Participant Retirement Account Value
In 2023, the average participant retirement account value for 403(B) THRIFT PLAN FOR EMPLOYEES OF MERIDIAN HEALTHCARE is $15,129.00
403(B) THRIFT PLAN FOR EMPLOYEES OF MERIDIAN HEALTHCARE Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for 403(B) THRIFT PLAN FOR EMPLOYEES OF MERIDIAN HEALTHCARE is $1,587.00.
403(B) THRIFT PLAN FOR EMPLOYEES OF MERIDIAN HEALTHCARE Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in 403(B) THRIFT PLAN FOR EMPLOYEES OF MERIDIAN HEALTHCARE is approximately $539.00
Investing in this additonal $539.00 for 20 years would give you extra $34,517.00, assuming a 10% annual return.
Investing in this additonal $539.00 for 20 years would give you extra $34,517.00, assuming a 10% annual return.
403(B) THRIFT PLAN FOR EMPLOYEES OF MERIDIAN HEALTHCARE Total Employer Contribution and Match Rate
In 2023, 403(B) THRIFT PLAN FOR EMPLOYEES OF MERIDIAN HEALTHCARE allocates $169,892.00 to match its employees' contributions, providing an employer match rate of 34.92% of their contributions
403(B) THRIFT PLAN FOR EMPLOYEES OF MERIDIAN HEALTHCARE Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of 403(B) THRIFT PLAN FOR EMPLOYEES OF MERIDIAN HEALTHCARE is 23.07%.
403(B) THRIFT PLAN FOR EMPLOYEES OF MERIDIAN HEALTHCARE Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for 403(B) THRIFT PLAN FOR EMPLOYEES OF MERIDIAN HEALTHCARE is 18.61%. This measures the effectiveness of the plan participants' investments in the year.
403(B) THRIFT PLAN FOR EMPLOYEES OF MERIDIAN HEALTHCARE Expense Ratio
In 2023, the investment and administrative expense ratio of 403(B) THRIFT PLAN FOR EMPLOYEES OF MERIDIAN HEALTHCARE is 0.53%.
Enrollment Features
403(B) THRIFT PLAN FOR EMPLOYEES OF MERIDIAN HEALTHCARE 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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