MEDNAX SERVICES, INC. THRIFT AND PROFIT SHARING PLAN

Plan Contact

  • Address: 1301 CONCORD TERRACE,SUNRISE,FL
  • Contact person: CLAIRE FAIR
  • Phone: (800) 243-3839

Plan General Information

MEDNAX SERVICES, INC. THRIFT AND PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of MEDNAX SERVICES, INC. THRIFT AND PROFIT SHARING PLAN is $1,669,516,341.00.This plan was established in 2022.

MEDNAX SERVICES, INC. THRIFT AND PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in MEDNAX SERVICES, INC. THRIFT AND PROFIT SHARING PLAN is 14823

MEDNAX SERVICES, INC. THRIFT AND PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2021, the average participant retirement account value for MEDNAX SERVICES, INC. THRIFT AND PROFIT SHARING PLAN is $112,630.00

MEDNAX SERVICES, INC. THRIFT AND PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for MEDNAX SERVICES, INC. THRIFT AND PROFIT SHARING PLAN is $4,681.00.

MEDNAX SERVICES, INC. THRIFT AND PROFIT SHARING PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in MEDNAX SERVICES, INC. THRIFT AND PROFIT SHARING PLAN is approximately $1,424.00
Investing in this additonal $1,424.00 for 20 years would give you extra $91,158.00, assuming a 10% annual return.

MEDNAX SERVICES, INC. THRIFT AND PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2021, MEDNAX SERVICES, INC. THRIFT AND PROFIT SHARING PLAN allocates $21,113,188.00 to match its employees' contributions, providing an employer match rate of 30.43% of their contributions

MEDNAX SERVICES, INC. THRIFT AND PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of MEDNAX SERVICES, INC. THRIFT AND PROFIT SHARING PLAN is 8.25%.

MEDNAX SERVICES, INC. THRIFT AND PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for MEDNAX SERVICES, INC. THRIFT AND PROFIT SHARING PLAN is 15.79%. This measures the effectiveness of the plan participants' investments in the year.

MEDNAX SERVICES, INC. THRIFT AND PROFIT SHARING PLAN Expense Ratio

In 2021, the investment and administrative expense ratio of MEDNAX SERVICES, INC. THRIFT AND PROFIT SHARING PLAN is 0.04%.

Enrollment Features

MEDNAX SERVICES, INC. THRIFT AND PROFIT SHARING PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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