LAKEVIEW CENTER INC RETIREMENT SAVINGS 403(B) PLAN

Plan Contact

  • Address: 1221 WEST LAKEVIEW AVENUE,PENSACOLA,FL
  • Contact person: SANDY WHITAKER
  • Phone: (850) 469-3729

Plan General Information

LAKEVIEW CENTER INC RETIREMENT SAVINGS 403(B) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of LAKEVIEW CENTER INC RETIREMENT SAVINGS 403(B) PLAN is $100,864,516.00.This plan was established in 2021.

LAKEVIEW CENTER INC RETIREMENT SAVINGS 403(B) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in LAKEVIEW CENTER INC RETIREMENT SAVINGS 403(B) PLAN is 4107

LAKEVIEW CENTER INC RETIREMENT SAVINGS 403(B) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for LAKEVIEW CENTER INC RETIREMENT SAVINGS 403(B) PLAN is $24,559.00

LAKEVIEW CENTER INC RETIREMENT SAVINGS 403(B) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for LAKEVIEW CENTER INC RETIREMENT SAVINGS 403(B) PLAN is $2,271.00.

LAKEVIEW CENTER INC RETIREMENT SAVINGS 403(B) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in LAKEVIEW CENTER INC RETIREMENT SAVINGS 403(B) PLAN is approximately $1,296.00
Investing in this additonal $1,296.00 for 20 years would give you extra $82,969.00, assuming a 10% annual return.

LAKEVIEW CENTER INC RETIREMENT SAVINGS 403(B) PLAN Total Employer Contribution and Match Rate

In 2023, LAKEVIEW CENTER INC RETIREMENT SAVINGS 403(B) PLAN allocates $5,324,301.00 to match its employees' contributions, providing an employer match rate of 114.17% of their contributions

LAKEVIEW CENTER INC RETIREMENT SAVINGS 403(B) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of LAKEVIEW CENTER INC RETIREMENT SAVINGS 403(B) PLAN is 19.06%.

LAKEVIEW CENTER INC RETIREMENT SAVINGS 403(B) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for LAKEVIEW CENTER INC RETIREMENT SAVINGS 403(B) PLAN is 16.42%. This measures the effectiveness of the plan participants' investments in the year.

LAKEVIEW CENTER INC RETIREMENT SAVINGS 403(B) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of LAKEVIEW CENTER INC RETIREMENT SAVINGS 403(B) PLAN is 0.29%.

Enrollment Features

LAKEVIEW CENTER INC RETIREMENT SAVINGS 403(B) 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.
    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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