LIFENET PROFIT SHARING PLAN
Plan Contact
- Address: 1864 CONCERT DR,VIRGINIA BCH,VA
- Contact person: STEPHANIE CZERWONKA
- Phone: (757) 609-4602
Plan General Information
LIFENET PROFIT SHARING PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of LIFENET PROFIT SHARING PLAN is $90,925,290.00.This plan was established in 1983.
LIFENET PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in LIFENET PROFIT SHARING PLAN is 1737
LIFENET PROFIT SHARING PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for LIFENET PROFIT SHARING PLAN is $52,346.00
LIFENET PROFIT SHARING PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in LIFENET PROFIT SHARING PLAN is approximately $5,650.00
Investing in this additonal $5,650.00 for 20 years would give you extra $361,616.00, assuming a 10% annual return.
Investing in this additonal $5,650.00 for 20 years would give you extra $361,616.00, assuming a 10% annual return.
LIFENET PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of LIFENET PROFIT SHARING PLAN is 21.62%.
LIFENET PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for LIFENET PROFIT SHARING PLAN is 15.25%. This measures the effectiveness of the plan participants' investments in the year.
LIFENET PROFIT SHARING PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of LIFENET PROFIT SHARING PLAN is 0.11%.
Enrollment Features
LIFENET PROFIT SHARING 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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