LUMINIS HEALTH RETIREMENT PLAN
Plan Contact
- Address: 1997 ANNAPOLIS EXCHANGE PKWY SUITE,ANNAPOLIS,MD
- Contact person: CAROLE BRAITHWAITE
- Phone: (443) 481-1962
Plan General Information
LUMINIS HEALTH RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of LUMINIS HEALTH RETIREMENT PLAN is $413,901,565.00.This plan was established in 1983.
LUMINIS HEALTH RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in LUMINIS HEALTH RETIREMENT PLAN is 9570
LUMINIS HEALTH RETIREMENT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for LUMINIS HEALTH RETIREMENT PLAN is $43,249.00
LUMINIS HEALTH RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for LUMINIS HEALTH RETIREMENT PLAN is $7,941.00.
LUMINIS HEALTH RETIREMENT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in LUMINIS HEALTH RETIREMENT PLAN is approximately $0.00
Investing in this additonal $0.00 for 20 years would give you extra $18.00, assuming a 10% annual return.
Investing in this additonal $0.00 for 20 years would give you extra $18.00, assuming a 10% annual return.
LUMINIS HEALTH RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2023, LUMINIS HEALTH RETIREMENT PLAN allocates $2,824.00 to match its employees' contributions, providing an employer match rate of 0.01% of their contributions
LUMINIS HEALTH RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of LUMINIS HEALTH RETIREMENT PLAN is 16.38%.
LUMINIS HEALTH RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for LUMINIS HEALTH RETIREMENT PLAN is 15.18%. This measures the effectiveness of the plan participants' investments in the year.
LUMINIS HEALTH RETIREMENT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of LUMINIS HEALTH RETIREMENT PLAN is 0.09%.
Enrollment Features
LUMINIS HEALTH RETIREMENT 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.
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