ARMC HEALTH CARE 403(B) SUPPLEMENTAL RETIREMENT PLAN
Plan Contact
- Address: 1240 HUFFMAN MILL RD,BURLINGTON,NC
- Contact person: JOHN KONICEK
- Phone: (336) 538-7666
Plan General Information
ARMC HEALTH CARE 403(B) SUPPLEMENTAL RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2014, the total number of retirement plan participants in ARMC HEALTH CARE 403(B) SUPPLEMENTAL RETIREMENT PLAN is 2339
ARMC HEALTH CARE 403(B) SUPPLEMENTAL RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2014, the estimated average employee contribution amount per participant for ARMC HEALTH CARE 403(B) SUPPLEMENTAL RETIREMENT PLAN is $6,149.00.
ARMC HEALTH CARE 403(B) SUPPLEMENTAL RETIREMENT PLAN Estimated Average Employer Match
In 2014, the estimated average employer match for an employee in ARMC HEALTH CARE 403(B) SUPPLEMENTAL RETIREMENT PLAN is approximately $786.00
Investing in this additonal $786.00 for 20 years would give you extra $50,336.00, assuming a 10% annual return.
Investing in this additonal $786.00 for 20 years would give you extra $50,336.00, assuming a 10% annual return.
ARMC HEALTH CARE 403(B) SUPPLEMENTAL RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2014, ARMC HEALTH CARE 403(B) SUPPLEMENTAL RETIREMENT PLAN allocates $1,839,652.00 to match its employees' contributions, providing an employer match rate of 25.58% of their contributions
Enrollment Features
ARMC HEALTH CARE 403(B) SUPPLEMENTAL RETIREMENT PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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