FACILITIES MANAGEMENT GROUP (HOSPITALS) 401(K) PLAN

Plan Contact

  • Address: 2246 BISSONNET STREET,HOUSTON,TX
  • Contact person: ELIZABETH RUSHING
  • Phone: (832) 353-4540

Plan General Information

FACILITIES MANAGEMENT GROUP (HOSPITALS) 401(K) PLAN Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of FACILITIES MANAGEMENT GROUP (HOSPITALS) 401(K) PLAN is $1,144,381.00.This plan was established in 2022.

FACILITIES MANAGEMENT GROUP (HOSPITALS) 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in FACILITIES MANAGEMENT GROUP (HOSPITALS) 401(K) PLAN is 130

FACILITIES MANAGEMENT GROUP (HOSPITALS) 401(K) PLAN Average Participant Retirement Account Value

In 2021, the average participant retirement account value for FACILITIES MANAGEMENT GROUP (HOSPITALS) 401(K) PLAN is $8,802.00

FACILITIES MANAGEMENT GROUP (HOSPITALS) 401(K) PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for FACILITIES MANAGEMENT GROUP (HOSPITALS) 401(K) PLAN is $1,255.00.

FACILITIES MANAGEMENT GROUP (HOSPITALS) 401(K) PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in FACILITIES MANAGEMENT GROUP (HOSPITALS) 401(K) PLAN is approximately $1,071.00
Investing in this additonal $1,071.00 for 20 years would give you extra $68,604.00, assuming a 10% annual return.

FACILITIES MANAGEMENT GROUP (HOSPITALS) 401(K) PLAN Total Employer Contribution and Match Rate

In 2021, FACILITIES MANAGEMENT GROUP (HOSPITALS) 401(K) PLAN allocates $139,352.00 to match its employees' contributions, providing an employer match rate of 85.39% of their contributions

FACILITIES MANAGEMENT GROUP (HOSPITALS) 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of FACILITIES MANAGEMENT GROUP (HOSPITALS) 401(K) PLAN is 15.65%.

FACILITIES MANAGEMENT GROUP (HOSPITALS) 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for FACILITIES MANAGEMENT GROUP (HOSPITALS) 401(K) PLAN is 15.89%. This measures the effectiveness of the plan participants' investments in the year.

FACILITIES MANAGEMENT GROUP (HOSPITALS) 401(K) PLAN Expense Ratio

In 2021, the investment and administrative expense ratio of FACILITIES MANAGEMENT GROUP (HOSPITALS) 401(K) PLAN is 1.18%.

Enrollment Features

FACILITIES MANAGEMENT GROUP (HOSPITALS) 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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