MARSHALL-JACKSON MENTAL HEALTH BOARD 401(K) RETIREMENT PLAN

Plan Contact

  • Address: 2409 HOMER CLAYTON DR.,GUNTERSVILLE,AL
  • Contact person: MYRON GARGIS
  • Phone: (256) 582-4240

Plan General Information

MARSHALL-JACKSON MENTAL HEALTH BOARD 401(K) RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MARSHALL-JACKSON MENTAL HEALTH BOARD 401(K) RETIREMENT PLAN is $5,061,605.00.This plan was established in 1984.

MARSHALL-JACKSON MENTAL HEALTH BOARD 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MARSHALL-JACKSON MENTAL HEALTH BOARD 401(K) RETIREMENT PLAN is 218

MARSHALL-JACKSON MENTAL HEALTH BOARD 401(K) RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MARSHALL-JACKSON MENTAL HEALTH BOARD 401(K) RETIREMENT PLAN is $23,218.00

MARSHALL-JACKSON MENTAL HEALTH BOARD 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MARSHALL-JACKSON MENTAL HEALTH BOARD 401(K) RETIREMENT PLAN is $1,259.00.

MARSHALL-JACKSON MENTAL HEALTH BOARD 401(K) RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MARSHALL-JACKSON MENTAL HEALTH BOARD 401(K) RETIREMENT PLAN is approximately $522.00
Investing in this additonal $522.00 for 20 years would give you extra $33,421.00, assuming a 10% annual return.

MARSHALL-JACKSON MENTAL HEALTH BOARD 401(K) RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, MARSHALL-JACKSON MENTAL HEALTH BOARD 401(K) RETIREMENT PLAN allocates $113,843.00 to match its employees' contributions, providing an employer match rate of 82.90% of their contributions

MARSHALL-JACKSON MENTAL HEALTH BOARD 401(K) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MARSHALL-JACKSON MENTAL HEALTH BOARD 401(K) RETIREMENT PLAN is 5.55%.

MARSHALL-JACKSON MENTAL HEALTH BOARD 401(K) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MARSHALL-JACKSON MENTAL HEALTH BOARD 401(K) RETIREMENT PLAN is 12.79%. This measures the effectiveness of the plan participants' investments in the year.

MARSHALL-JACKSON MENTAL HEALTH BOARD 401(K) RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MARSHALL-JACKSON MENTAL HEALTH BOARD 401(K) RETIREMENT PLAN is 0.67%.

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