LAKE CHARLES MEMORIAL HEALTH SYSTEM RETIREMENT PLAN

Plan Contact

  • Address: 1701 OAK PARK BLVD,LAKE CHARLES,LA
  • Contact person: DAWN L JOHNSON
  • Phone: (337) 494-3255

Plan General Information

LAKE CHARLES MEMORIAL HEALTH SYSTEM RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of LAKE CHARLES MEMORIAL HEALTH SYSTEM RETIREMENT PLAN is $46,043,154.00.This plan was established in 1986.

LAKE CHARLES MEMORIAL HEALTH SYSTEM RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in LAKE CHARLES MEMORIAL HEALTH SYSTEM RETIREMENT PLAN is 2928

LAKE CHARLES MEMORIAL HEALTH SYSTEM RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for LAKE CHARLES MEMORIAL HEALTH SYSTEM RETIREMENT PLAN is $15,725.00

LAKE CHARLES MEMORIAL HEALTH SYSTEM RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in LAKE CHARLES MEMORIAL HEALTH SYSTEM RETIREMENT PLAN is approximately $1,509.00
Investing in this additonal $1,509.00 for 20 years would give you extra $96,633.00, assuming a 10% annual return.

LAKE CHARLES MEMORIAL HEALTH SYSTEM RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of LAKE CHARLES MEMORIAL HEALTH SYSTEM RETIREMENT PLAN is 15.92%.

LAKE CHARLES MEMORIAL HEALTH SYSTEM RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for LAKE CHARLES MEMORIAL HEALTH SYSTEM RETIREMENT PLAN is 15.74%. This measures the effectiveness of the plan participants' investments in the year.

LAKE CHARLES MEMORIAL HEALTH SYSTEM RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of LAKE CHARLES MEMORIAL HEALTH SYSTEM RETIREMENT PLAN is 0.25%.

Enrollment Features

LAKE CHARLES MEMORIAL HEALTH SYSTEM RETIREMENT 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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