COMMONWEALTH CARE OF ROANOKE, INC. 401(K) PLAN
Plan Contact
- Address: 5372 FALLOWATER LANE SUITE 200,ROANOKE,VA
- Contact person: PLAN SPONSOR
- Phone: (540) 725-8910
Plan General Information
COMMONWEALTH CARE OF ROANOKE, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of COMMONWEALTH CARE OF ROANOKE, INC. 401(K) PLAN is $19,975,729.00.This plan was established in 2005.
COMMONWEALTH CARE OF ROANOKE, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in COMMONWEALTH CARE OF ROANOKE, INC. 401(K) PLAN is 1440
COMMONWEALTH CARE OF ROANOKE, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for COMMONWEALTH CARE OF ROANOKE, INC. 401(K) PLAN is $13,872.00
COMMONWEALTH CARE OF ROANOKE, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for COMMONWEALTH CARE OF ROANOKE, INC. 401(K) PLAN is $1,905.00.
COMMONWEALTH CARE OF ROANOKE, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in COMMONWEALTH CARE OF ROANOKE, INC. 401(K) PLAN is approximately $305.00
Investing in this additonal $305.00 for 20 years would give you extra $19,546.00, assuming a 10% annual return.
Investing in this additonal $305.00 for 20 years would give you extra $19,546.00, assuming a 10% annual return.
COMMONWEALTH CARE OF ROANOKE, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, COMMONWEALTH CARE OF ROANOKE, INC. 401(K) PLAN allocates $439,806.00 to match its employees' contributions, providing an employer match rate of 15.44% of their contributions
COMMONWEALTH CARE OF ROANOKE, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of COMMONWEALTH CARE OF ROANOKE, INC. 401(K) PLAN is 19.21%.
COMMONWEALTH CARE OF ROANOKE, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for COMMONWEALTH CARE OF ROANOKE, INC. 401(K) PLAN is 15.94%. This measures the effectiveness of the plan participants' investments in the year.
COMMONWEALTH CARE OF ROANOKE, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of COMMONWEALTH CARE OF ROANOKE, INC. 401(K) PLAN is 0.23%.
Enrollment Features
COMMONWEALTH CARE OF ROANOKE, 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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