CIENA HEALTHCARE MANAGEMENT, INC. 401(K) PLAN
Plan Contact
- Address: 4000 TOWN CENTER,,SOUTHFIELD,MI
- Contact person: ANIS KHAN
- Phone: (248) 386-0300
Plan General Information
CIENA HEALTHCARE MANAGEMENT, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of CIENA HEALTHCARE MANAGEMENT, INC. 401(K) PLAN is $112,438,329.00.This plan was established in 2000.
CIENA HEALTHCARE MANAGEMENT, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in CIENA HEALTHCARE MANAGEMENT, INC. 401(K) PLAN is 13404
CIENA HEALTHCARE MANAGEMENT, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for CIENA HEALTHCARE MANAGEMENT, INC. 401(K) PLAN is $8,388.00
CIENA HEALTHCARE MANAGEMENT, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for CIENA HEALTHCARE MANAGEMENT, INC. 401(K) PLAN is $771.00.
CIENA HEALTHCARE MANAGEMENT, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in CIENA HEALTHCARE MANAGEMENT, INC. 401(K) PLAN is approximately $375.00
Investing in this additonal $375.00 for 20 years would give you extra $24,059.00, assuming a 10% annual return.
Investing in this additonal $375.00 for 20 years would give you extra $24,059.00, assuming a 10% annual return.
CIENA HEALTHCARE MANAGEMENT, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, CIENA HEALTHCARE MANAGEMENT, INC. 401(K) PLAN allocates $5,039,003.00 to match its employees' contributions, providing an employer match rate of 51.70% of their contributions
CIENA HEALTHCARE MANAGEMENT, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of CIENA HEALTHCARE MANAGEMENT, INC. 401(K) PLAN is 25.26%.
CIENA HEALTHCARE MANAGEMENT, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for CIENA HEALTHCARE MANAGEMENT, INC. 401(K) PLAN is 20.87%. This measures the effectiveness of the plan participants' investments in the year.
CIENA HEALTHCARE MANAGEMENT, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of CIENA HEALTHCARE MANAGEMENT, INC. 401(K) PLAN is 0.56%.
Enrollment Features
CIENA HEALTHCARE MANAGEMENT, INC. 401(K) PLAN 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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