CARE RESOURCE COMMUNITY HEALTH CENTERS, INC. & RELATED EMPLOYERS

Plan Contact

  • Address: 3510 BISCAYNE BLVD STE 300,MIAMI,FL
  • Contact person: KEENAN KARWAN
  • Phone: (305) 576-1234

Plan General Information

CARE RESOURCE COMMUNITY HEALTH CENTERS, INC. & RELATED EMPLOYERS Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of CARE RESOURCE COMMUNITY HEALTH CENTERS, INC. & RELATED EMPLOYERS is $15,096,639.00.This plan was established in 1997.

CARE RESOURCE COMMUNITY HEALTH CENTERS, INC. & RELATED EMPLOYERS Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in CARE RESOURCE COMMUNITY HEALTH CENTERS, INC. & RELATED EMPLOYERS is 423

CARE RESOURCE COMMUNITY HEALTH CENTERS, INC. & RELATED EMPLOYERS Average Participant Retirement Account Value

In 2023, the average participant retirement account value for CARE RESOURCE COMMUNITY HEALTH CENTERS, INC. & RELATED EMPLOYERS is $35,689.00

CARE RESOURCE COMMUNITY HEALTH CENTERS, INC. & RELATED EMPLOYERS Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for CARE RESOURCE COMMUNITY HEALTH CENTERS, INC. & RELATED EMPLOYERS is $7,184.00.

CARE RESOURCE COMMUNITY HEALTH CENTERS, INC. & RELATED EMPLOYERS Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in CARE RESOURCE COMMUNITY HEALTH CENTERS, INC. & RELATED EMPLOYERS is approximately $2,169.00
Investing in this additonal $2,169.00 for 20 years would give you extra $138,863.00, assuming a 10% annual return.

CARE RESOURCE COMMUNITY HEALTH CENTERS, INC. & RELATED EMPLOYERS Total Employer Contribution and Match Rate

In 2023, CARE RESOURCE COMMUNITY HEALTH CENTERS, INC. & RELATED EMPLOYERS allocates $917,798.00 to match its employees' contributions, providing an employer match rate of 60.40% of their contributions

CARE RESOURCE COMMUNITY HEALTH CENTERS, INC. & RELATED EMPLOYERS Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of CARE RESOURCE COMMUNITY HEALTH CENTERS, INC. & RELATED EMPLOYERS is 25.86%.

CARE RESOURCE COMMUNITY HEALTH CENTERS, INC. & RELATED EMPLOYERS Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for CARE RESOURCE COMMUNITY HEALTH CENTERS, INC. & RELATED EMPLOYERS is 11.84%. This measures the effectiveness of the plan participants' investments in the year.

CARE RESOURCE COMMUNITY HEALTH CENTERS, INC. & RELATED EMPLOYERS Expense Ratio

In 2023, the investment and administrative expense ratio of CARE RESOURCE COMMUNITY HEALTH CENTERS, INC. & RELATED EMPLOYERS is 0.18%.

Enrollment Features

CARE RESOURCE COMMUNITY HEALTH CENTERS, INC. & RELATED EMPLOYERS 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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