MAYO CLINIC HEALTH SYSTEM OWATONNA RETIREMENT PLAN
Plan Contact
- Address: 2200 26TH STREET NW,OWATONNA,MN
- Contact person: DAVID SCHUITEMA
- Phone: (507) 444-5039
Plan General Information
MAYO CLINIC HEALTH SYSTEM OWATONNA RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2013, the total retirement plan assets of MAYO CLINIC HEALTH SYSTEM OWATONNA RETIREMENT PLAN is $58,073,470.00.This plan was established in 1964.
MAYO CLINIC HEALTH SYSTEM OWATONNA RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2013, the total number of retirement plan participants in MAYO CLINIC HEALTH SYSTEM OWATONNA RETIREMENT PLAN is 1036
MAYO CLINIC HEALTH SYSTEM OWATONNA RETIREMENT PLAN Average Participant Retirement Account Value
In 2013, the average participant retirement account value for MAYO CLINIC HEALTH SYSTEM OWATONNA RETIREMENT PLAN is $56,055.00
MAYO CLINIC HEALTH SYSTEM OWATONNA RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2013, the estimated average employee contribution amount per participant for MAYO CLINIC HEALTH SYSTEM OWATONNA RETIREMENT PLAN is $3,843.00.
MAYO CLINIC HEALTH SYSTEM OWATONNA RETIREMENT PLAN Estimated Average Employer Match
In 2013, the estimated average employer match for an employee in MAYO CLINIC HEALTH SYSTEM OWATONNA RETIREMENT PLAN is approximately $2,346.00
Investing in this additonal $2,346.00 for 20 years would give you extra $150,206.00, assuming a 10% annual return.
Investing in this additonal $2,346.00 for 20 years would give you extra $150,206.00, assuming a 10% annual return.
MAYO CLINIC HEALTH SYSTEM OWATONNA RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2013, MAYO CLINIC HEALTH SYSTEM OWATONNA RETIREMENT PLAN allocates $2,431,474.00 to match its employees' contributions, providing an employer match rate of 122.14% of their contributions
MAYO CLINIC HEALTH SYSTEM OWATONNA RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2013, the total retirement plan asset growth rate of MAYO CLINIC HEALTH SYSTEM OWATONNA RETIREMENT PLAN is 16.59%.
MAYO CLINIC HEALTH SYSTEM OWATONNA RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2013, the estimated aggregate retirement account investment gain/loss for MAYO CLINIC HEALTH SYSTEM OWATONNA RETIREMENT PLAN is 16.23%. This measures the effectiveness of the plan participants' investments in the year.
MAYO CLINIC HEALTH SYSTEM OWATONNA RETIREMENT PLAN Expense Ratio
In 2013, the investment and administrative expense ratio of MAYO CLINIC HEALTH SYSTEM OWATONNA RETIREMENT PLAN is 0.00%.
Enrollment Features
MAYO CLINIC HEALTH SYSTEM OWATONNA 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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