MEDIX STAFFING SOLUTIONS, INC. 401(K) PLAN

Plan Contact

  • Address: 222 S. RIVERSIDE PLZ,,CHICAGO,IL
  • Contact person: MICHAEL CERETTO
  • Phone: (312) 487-5871

Plan General Information

MEDIX STAFFING SOLUTIONS, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MEDIX STAFFING SOLUTIONS, INC. 401(K) PLAN is $48,164,252.00.This plan was established in 2005.

MEDIX STAFFING SOLUTIONS, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MEDIX STAFFING SOLUTIONS, INC. 401(K) PLAN is 4585

MEDIX STAFFING SOLUTIONS, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MEDIX STAFFING SOLUTIONS, INC. 401(K) PLAN is $10,504.00

MEDIX STAFFING SOLUTIONS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MEDIX STAFFING SOLUTIONS, INC. 401(K) PLAN is $1,850.00.

MEDIX STAFFING SOLUTIONS, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MEDIX STAFFING SOLUTIONS, INC. 401(K) PLAN is approximately $493.00
Investing in this additonal $493.00 for 20 years would give you extra $31,554.00, assuming a 10% annual return.

MEDIX STAFFING SOLUTIONS, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, MEDIX STAFFING SOLUTIONS, INC. 401(K) PLAN allocates $2,260,619.00 to match its employees' contributions, providing an employer match rate of 35.07% of their contributions

MEDIX STAFFING SOLUTIONS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MEDIX STAFFING SOLUTIONS, INC. 401(K) PLAN is 32.54%.

MEDIX STAFFING SOLUTIONS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MEDIX STAFFING SOLUTIONS, INC. 401(K) PLAN is 18.16%. This measures the effectiveness of the plan participants' investments in the year.

MEDIX STAFFING SOLUTIONS, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MEDIX STAFFING SOLUTIONS, INC. 401(K) PLAN is 0.55%.

Enrollment Features

MEDIX STAFFING SOLUTIONS, INC. 401(K) 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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