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COOK AREA HEALTH SERVICES, INC. TAX SHELTERED ANNUITY PLAN

Plan Contact

  • Address: 20 S 5TH STREET E,COOK,MN
  • Phone: (218) 666-5102

Plan General Information

COOK AREA HEALTH SERVICES, INC. TAX SHELTERED ANNUITY PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of COOK AREA HEALTH SERVICES, INC. TAX SHELTERED ANNUITY PLAN is $13,498,559.00.This plan was established in 1989.

COOK AREA HEALTH SERVICES, INC. TAX SHELTERED ANNUITY PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in COOK AREA HEALTH SERVICES, INC. TAX SHELTERED ANNUITY PLAN is 227

COOK AREA HEALTH SERVICES, INC. TAX SHELTERED ANNUITY PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for COOK AREA HEALTH SERVICES, INC. TAX SHELTERED ANNUITY PLAN is $59,465.00

COOK AREA HEALTH SERVICES, INC. TAX SHELTERED ANNUITY PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for COOK AREA HEALTH SERVICES, INC. TAX SHELTERED ANNUITY PLAN is $4,996.00.

COOK AREA HEALTH SERVICES, INC. TAX SHELTERED ANNUITY PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in COOK AREA HEALTH SERVICES, INC. TAX SHELTERED ANNUITY PLAN is approximately $1,527.00
Investing in this additonal $1,527.00 for 20 years would give you extra $97,775.00, assuming a 10% annual return.

COOK AREA HEALTH SERVICES, INC. TAX SHELTERED ANNUITY PLAN Total Employer Contribution and Match Rate

In 2023, COOK AREA HEALTH SERVICES, INC. TAX SHELTERED ANNUITY PLAN allocates $346,797.00 to match its employees' contributions, providing an employer match rate of 61.15% of their contributions

COOK AREA HEALTH SERVICES, INC. TAX SHELTERED ANNUITY PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of COOK AREA HEALTH SERVICES, INC. TAX SHELTERED ANNUITY PLAN is 6.57%.

COOK AREA HEALTH SERVICES, INC. TAX SHELTERED ANNUITY PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for COOK AREA HEALTH SERVICES, INC. TAX SHELTERED ANNUITY PLAN is 0.62%. This measures the effectiveness of the plan participants' investments in the year.

COOK AREA HEALTH SERVICES, INC. TAX SHELTERED ANNUITY PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of COOK AREA HEALTH SERVICES, INC. TAX SHELTERED ANNUITY PLAN is 0.07%.

Enrollment Features

COOK AREA HEALTH SERVICES, INC. TAX SHELTERED ANNUITY 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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