METHODIST FAMILY HEALTH, INC.'S PROTOTYPE 401(K) PROFIT SHARING PLAN

  • Address: 1600 ALDERSGATE ROAD, SUITE 200,LITTLE ROCK,AR
  • Contact person: L DON COLE
  • Phone: (501) 687-0839

METHODIST FAMILY HEALTH, INC.'S PROTOTYPE 401(K) PROFIT SHARING 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.

At the end of 2021, the total retirement plan assets of METHODIST FAMILY HEALTH, INC.'S PROTOTYPE 401(K) PROFIT SHARING PLAN is $11,584,510.00.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in METHODIST FAMILY HEALTH, INC.'S PROTOTYPE 401(K) PROFIT SHARING PLAN is 602

In 2021, the average participant retirement account value for METHODIST FAMILY HEALTH, INC.'S PROTOTYPE 401(K) PROFIT SHARING PLAN is $19,243.00

In 2021, the estimated average employee contribution amount per participant for METHODIST FAMILY HEALTH, INC.'S PROTOTYPE 401(K) PROFIT SHARING PLAN is $1,356.00

In 2021, the estimated average employer match for an employee in METHODIST FAMILY HEALTH, INC.'S PROTOTYPE 401(K) PROFIT SHARING PLAN is approximately $433.00

In 2021, METHODIST FAMILY HEALTH, INC.'S PROTOTYPE 401(K) PROFIT SHARING PLAN allocates $260,694.00 to match its employees' contributions, providing an employer match rate of 31.91% of their contributions

In 2021, the total retirement plan asset growth rate of METHODIST FAMILY HEALTH, INC.'S PROTOTYPE 401(K) PROFIT SHARING PLAN is 21.75%

In 2021, the estimated aggregate retirement account investment gain/loss for METHODIST FAMILY HEALTH, INC.'S PROTOTYPE 401(K) PROFIT SHARING PLAN is 13.23%. This measures the effectiveness of the plan participants' investments in the year.

In 2021, the investment and administrative expense ratio of METHODIST FAMILY HEALTH, INC.'S PROTOTYPE 401(K) PROFIT SHARING PLAN is 0.14%.

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