HEALTHNOW NEW YORK INC. ELECTIVE 401K PLAN FOR NON-BARGAINING UNIT EMPLOYEES

Plan Contact

  • Contact person: BRUCE A. MORLOCK
  • Phone: (716) 887-8567

Plan General Information

HEALTHNOW NEW YORK INC. ELECTIVE 401K PLAN FOR NON-BARGAINING UNIT EMPLOYEES Total Retirement Plan Assets

At the end of 2007, the total retirement plan assets of HEALTHNOW NEW YORK INC. ELECTIVE 401K PLAN FOR NON-BARGAINING UNIT EMPLOYEES is $79,277,810.00.This plan was established in 1998.

HEALTHNOW NEW YORK INC. ELECTIVE 401K PLAN FOR NON-BARGAINING UNIT EMPLOYEES Total Number of Retirement Plan Participants

At the end of 2007, the total number of retirement plan participants in HEALTHNOW NEW YORK INC. ELECTIVE 401K PLAN FOR NON-BARGAINING UNIT EMPLOYEES is 1562

HEALTHNOW NEW YORK INC. ELECTIVE 401K PLAN FOR NON-BARGAINING UNIT EMPLOYEES Average Participant Retirement Account Value

In 2007, the average participant retirement account value for HEALTHNOW NEW YORK INC. ELECTIVE 401K PLAN FOR NON-BARGAINING UNIT EMPLOYEES is $50,754.00

HEALTHNOW NEW YORK INC. ELECTIVE 401K PLAN FOR NON-BARGAINING UNIT EMPLOYEES Estimated Average Employee Contribution Amount

In 2007, the estimated average employee contribution amount per participant for HEALTHNOW NEW YORK INC. ELECTIVE 401K PLAN FOR NON-BARGAINING UNIT EMPLOYEES is $6,642.00.

HEALTHNOW NEW YORK INC. ELECTIVE 401K PLAN FOR NON-BARGAINING UNIT EMPLOYEES Estimated Average Employer Match

In 2007, the estimated average employer match for an employee in HEALTHNOW NEW YORK INC. ELECTIVE 401K PLAN FOR NON-BARGAINING UNIT EMPLOYEES is approximately $2,373.00
Investing in this additonal $2,373.00 for 20 years would give you extra $151,912.00, assuming a 10% annual return.

HEALTHNOW NEW YORK INC. ELECTIVE 401K PLAN FOR NON-BARGAINING UNIT EMPLOYEES Total Employer Contribution and Match Rate

In 2007, HEALTHNOW NEW YORK INC. ELECTIVE 401K PLAN FOR NON-BARGAINING UNIT EMPLOYEES allocates $3,707,605.00 to match its employees' contributions, providing an employer match rate of 71.47% of their contributions

HEALTHNOW NEW YORK INC. ELECTIVE 401K PLAN FOR NON-BARGAINING UNIT EMPLOYEES Total Retirement Plan Asset Growth Rate

In 2007, the total retirement plan asset growth rate of HEALTHNOW NEW YORK INC. ELECTIVE 401K PLAN FOR NON-BARGAINING UNIT EMPLOYEES is 9.20%.

HEALTHNOW NEW YORK INC. ELECTIVE 401K PLAN FOR NON-BARGAINING UNIT EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss

In 2007, the estimated aggregate retirement account investment gain/loss for HEALTHNOW NEW YORK INC. ELECTIVE 401K PLAN FOR NON-BARGAINING UNIT EMPLOYEES is 5.90%. This measures the effectiveness of the plan participants' investments in the year.

HEALTHNOW NEW YORK INC. ELECTIVE 401K PLAN FOR NON-BARGAINING UNIT EMPLOYEES Expense Ratio

In 2007, the investment and administrative expense ratio of HEALTHNOW NEW YORK INC. ELECTIVE 401K PLAN FOR NON-BARGAINING UNIT EMPLOYEES is 0.02%.

Enrollment Features

HEALTHNOW NEW YORK INC. ELECTIVE 401K PLAN FOR NON-BARGAINING UNIT EMPLOYEES has the following features:
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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