CENTRACARE HEALTH SYSTEM RETIREMENT PLAN
Plan Contact
- Address: 1406 SIXTH AVE NORTH,SAINT CLOUD,MN
- Contact person: AMY GAMRADT
- Phone: (320) 255-5645
Plan General Information
CENTRACARE HEALTH SYSTEM RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of CENTRACARE HEALTH SYSTEM RETIREMENT PLAN is $1,030,113,325.00.This plan was established in 2000.
CENTRACARE HEALTH SYSTEM RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in CENTRACARE HEALTH SYSTEM RETIREMENT PLAN is 16188
CENTRACARE HEALTH SYSTEM RETIREMENT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for CENTRACARE HEALTH SYSTEM RETIREMENT PLAN is $63,634.00
CENTRACARE HEALTH SYSTEM RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for CENTRACARE HEALTH SYSTEM RETIREMENT PLAN is $5,055.00.
CENTRACARE HEALTH SYSTEM RETIREMENT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in CENTRACARE HEALTH SYSTEM RETIREMENT PLAN is approximately $2,954.00
Investing in this additonal $2,954.00 for 20 years would give you extra $189,077.00, assuming a 10% annual return.
Investing in this additonal $2,954.00 for 20 years would give you extra $189,077.00, assuming a 10% annual return.
CENTRACARE HEALTH SYSTEM RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2023, CENTRACARE HEALTH SYSTEM RETIREMENT PLAN allocates $47,824,719.00 to match its employees' contributions, providing an employer match rate of 60.21% of their contributions
CENTRACARE HEALTH SYSTEM RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of CENTRACARE HEALTH SYSTEM RETIREMENT PLAN is 25.76%.
CENTRACARE HEALTH SYSTEM RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for CENTRACARE HEALTH SYSTEM RETIREMENT PLAN is 18.46%. This measures the effectiveness of the plan participants' investments in the year.
CENTRACARE HEALTH SYSTEM RETIREMENT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of CENTRACARE HEALTH SYSTEM RETIREMENT PLAN is 0.10%.
Enrollment Features
CENTRACARE HEALTH SYSTEM 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.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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