EMPLOYEE BENEFIT PLAN OF CARE RESOURCE COMMUNITY HEALTH CENTERS INCORPORATED

Plan Contact

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

Plan General Information

EMPLOYEE BENEFIT PLAN OF CARE RESOURCE COMMUNITY HEALTH CENTERS INCORPORATED Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of EMPLOYEE BENEFIT PLAN OF CARE RESOURCE COMMUNITY HEALTH CENTERS INCORPORATED is $13,345,767.00.This plan was established in 1997.

EMPLOYEE BENEFIT PLAN OF CARE RESOURCE COMMUNITY HEALTH CENTERS INCORPORATED Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in EMPLOYEE BENEFIT PLAN OF CARE RESOURCE COMMUNITY HEALTH CENTERS INCORPORATED is 365

EMPLOYEE BENEFIT PLAN OF CARE RESOURCE COMMUNITY HEALTH CENTERS INCORPORATED Average Participant Retirement Account Value

In 2021, the average participant retirement account value for EMPLOYEE BENEFIT PLAN OF CARE RESOURCE COMMUNITY HEALTH CENTERS INCORPORATED is $36,563.00

EMPLOYEE BENEFIT PLAN OF CARE RESOURCE COMMUNITY HEALTH CENTERS INCORPORATED Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for EMPLOYEE BENEFIT PLAN OF CARE RESOURCE COMMUNITY HEALTH CENTERS INCORPORATED is $5,397.00.

EMPLOYEE BENEFIT PLAN OF CARE RESOURCE COMMUNITY HEALTH CENTERS INCORPORATED Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in EMPLOYEE BENEFIT PLAN OF CARE RESOURCE COMMUNITY HEALTH CENTERS INCORPORATED is approximately $1,856.00
Investing in this additonal $1,856.00 for 20 years would give you extra $118,839.00, assuming a 10% annual return.

EMPLOYEE BENEFIT PLAN OF CARE RESOURCE COMMUNITY HEALTH CENTERS INCORPORATED Total Employer Contribution and Match Rate

In 2021, EMPLOYEE BENEFIT PLAN OF CARE RESOURCE COMMUNITY HEALTH CENTERS INCORPORATED allocates $677,756.00 to match its employees' contributions, providing an employer match rate of 68.80% of their contributions

EMPLOYEE BENEFIT PLAN OF CARE RESOURCE COMMUNITY HEALTH CENTERS INCORPORATED Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of EMPLOYEE BENEFIT PLAN OF CARE RESOURCE COMMUNITY HEALTH CENTERS INCORPORATED is 44.60%.

EMPLOYEE BENEFIT PLAN OF CARE RESOURCE COMMUNITY HEALTH CENTERS INCORPORATED Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for EMPLOYEE BENEFIT PLAN OF CARE RESOURCE COMMUNITY HEALTH CENTERS INCORPORATED is 31.77%. This measures the effectiveness of the plan participants' investments in the year.

EMPLOYEE BENEFIT PLAN OF CARE RESOURCE COMMUNITY HEALTH CENTERS INCORPORATED Expense Ratio

In 2021, the investment and administrative expense ratio of EMPLOYEE BENEFIT PLAN OF CARE RESOURCE COMMUNITY HEALTH CENTERS INCORPORATED is 0.18%.

Enrollment Features

EMPLOYEE BENEFIT PLAN OF CARE RESOURCE COMMUNITY HEALTH CENTERS INCORPORATED 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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