FEMWELL GROUP HEALTH, INC. 401(K) PLAN

  • Address: 3225 AVIATION AVENUE, SUITE 700,MIAMI,FL
  • Contact person: FRANCISCO LEON
  • Phone: (305) 273-4641

FEMWELL GROUP HEALTH, INC. 401(K) PLAN 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.

At the end of 2022, the total retirement plan assets of FEMWELL GROUP HEALTH, INC. 401(K) PLAN is $5,134,919.00.This plan was established in 2003.

At the end of 2022, the total number of retirement plan participants in FEMWELL GROUP HEALTH, INC. 401(K) PLAN is 167

In 2022, the average participant retirement account value for FEMWELL GROUP HEALTH, INC. 401(K) PLAN is $30,748.00

In 2022, the estimated average employee contribution amount per participant for FEMWELL GROUP HEALTH, INC. 401(K) PLAN is $1,844.00

In 2022, the estimated average employer match for an employee in FEMWELL GROUP HEALTH, INC. 401(K) PLAN is approximately $1,618.00

In 2022, FEMWELL GROUP HEALTH, INC. 401(K) PLAN allocates $270,285.00 to match its employees' contributions, providing an employer match rate of 86.44% of their contributions

In 2022, the total retirement plan asset growth rate of FEMWELL GROUP HEALTH, INC. 401(K) PLAN is -16.25%

In 2022, the estimated aggregate retirement account investment gain/loss for FEMWELL GROUP HEALTH, INC. 401(K) PLAN is -14.90%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of FEMWELL GROUP HEALTH, INC. 401(K) PLAN is 0.54%.

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