EMPLOYEE BENEFIT PLAN OF HAMILTON COMMUNITY HEALTH NETWORK, INC.

Plan Contact

  • Address: 225 E 5TH ST STE 300,FLINT,MI
  • Contact person: CLARENCE PIERCE
  • Phone: (810) 406-4246

Plan General Information

EMPLOYEE BENEFIT PLAN OF HAMILTON COMMUNITY HEALTH NETWORK, INC. Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of EMPLOYEE BENEFIT PLAN OF HAMILTON COMMUNITY HEALTH NETWORK, INC. is $11,449,665.00.This plan was established in 2004.

EMPLOYEE BENEFIT PLAN OF HAMILTON COMMUNITY HEALTH NETWORK, INC. Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in EMPLOYEE BENEFIT PLAN OF HAMILTON COMMUNITY HEALTH NETWORK, INC. is 392

EMPLOYEE BENEFIT PLAN OF HAMILTON COMMUNITY HEALTH NETWORK, INC. Average Participant Retirement Account Value

In 2023, the average participant retirement account value for EMPLOYEE BENEFIT PLAN OF HAMILTON COMMUNITY HEALTH NETWORK, INC. is $29,208.00

EMPLOYEE BENEFIT PLAN OF HAMILTON COMMUNITY HEALTH NETWORK, INC. Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for EMPLOYEE BENEFIT PLAN OF HAMILTON COMMUNITY HEALTH NETWORK, INC. is $1,281.00.

EMPLOYEE BENEFIT PLAN OF HAMILTON COMMUNITY HEALTH NETWORK, INC. Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in EMPLOYEE BENEFIT PLAN OF HAMILTON COMMUNITY HEALTH NETWORK, INC. is approximately $1,570.00
Investing in this additonal $1,570.00 for 20 years would give you extra $100,517.00, assuming a 10% annual return.

EMPLOYEE BENEFIT PLAN OF HAMILTON COMMUNITY HEALTH NETWORK, INC. Total Employer Contribution and Match Rate

In 2023, EMPLOYEE BENEFIT PLAN OF HAMILTON COMMUNITY HEALTH NETWORK, INC. allocates $615,668.00 to match its employees' contributions, providing an employer match rate of 126.72% of their contributions

EMPLOYEE BENEFIT PLAN OF HAMILTON COMMUNITY HEALTH NETWORK, INC. Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of EMPLOYEE BENEFIT PLAN OF HAMILTON COMMUNITY HEALTH NETWORK, INC. is 25.25%.

EMPLOYEE BENEFIT PLAN OF HAMILTON COMMUNITY HEALTH NETWORK, INC. Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for EMPLOYEE BENEFIT PLAN OF HAMILTON COMMUNITY HEALTH NETWORK, INC. is 18.64%. This measures the effectiveness of the plan participants' investments in the year.

EMPLOYEE BENEFIT PLAN OF HAMILTON COMMUNITY HEALTH NETWORK, INC. Expense Ratio

In 2023, the investment and administrative expense ratio of EMPLOYEE BENEFIT PLAN OF HAMILTON COMMUNITY HEALTH NETWORK, INC. is 0.03%.

Enrollment Features

EMPLOYEE BENEFIT PLAN OF HAMILTON COMMUNITY HEALTH NETWORK, INC. 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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