LUTHER HOME OF MERCY RETIREMENT SAVINGS PLAN

Plan Contact

  • Address: P.O. BOX 187,,WILLISTON,OH
  • Contact person: JEAN WITT
  • Phone: (419) 972-4393

Plan General Information

LUTHER HOME OF MERCY RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of LUTHER HOME OF MERCY RETIREMENT SAVINGS PLAN is $8,861,514.00.This plan was established in 1994.

LUTHER HOME OF MERCY RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in LUTHER HOME OF MERCY RETIREMENT SAVINGS PLAN is 472

LUTHER HOME OF MERCY RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for LUTHER HOME OF MERCY RETIREMENT SAVINGS PLAN is $18,774.00

LUTHER HOME OF MERCY RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for LUTHER HOME OF MERCY RETIREMENT SAVINGS PLAN is $775.00.

LUTHER HOME OF MERCY RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in LUTHER HOME OF MERCY RETIREMENT SAVINGS PLAN is approximately $211.00
Investing in this additonal $211.00 for 20 years would give you extra $13,559.00, assuming a 10% annual return.

LUTHER HOME OF MERCY RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, LUTHER HOME OF MERCY RETIREMENT SAVINGS PLAN allocates $100,002.00 to match its employees' contributions, providing an employer match rate of 25.91% of their contributions

LUTHER HOME OF MERCY RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of LUTHER HOME OF MERCY RETIREMENT SAVINGS PLAN is 19.21%.

LUTHER HOME OF MERCY RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for LUTHER HOME OF MERCY RETIREMENT SAVINGS PLAN is 16.78%. This measures the effectiveness of the plan participants' investments in the year.

LUTHER HOME OF MERCY RETIREMENT SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of LUTHER HOME OF MERCY RETIREMENT SAVINGS PLAN is 0.00%.

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