MID COAST-PARKVIEW HEALTH 401(K) PARTNERSHIP PLAN

Plan Contact

  • Address: 123 MEDICAL CENTER DRIVE,BRUNSWICK,ME
  • Contact person: MICHAEL PERRY
  • Phone: (207) 373-6743

Plan General Information

MID COAST-PARKVIEW HEALTH 401(K) PARTNERSHIP PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in MID COAST-PARKVIEW HEALTH 401(K) PARTNERSHIP PLAN is 2696

MID COAST-PARKVIEW HEALTH 401(K) PARTNERSHIP PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for MID COAST-PARKVIEW HEALTH 401(K) PARTNERSHIP PLAN is $66.00.

MID COAST-PARKVIEW HEALTH 401(K) PARTNERSHIP PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in MID COAST-PARKVIEW HEALTH 401(K) PARTNERSHIP PLAN is approximately $28.00
Investing in this additonal $28.00 for 20 years would give you extra $1,819.00, assuming a 10% annual return.

MID COAST-PARKVIEW HEALTH 401(K) PARTNERSHIP PLAN Total Employer Contribution and Match Rate

In 2021, MID COAST-PARKVIEW HEALTH 401(K) PARTNERSHIP PLAN allocates $76,627.00 to match its employees' contributions, providing an employer match rate of 42.67% of their contributions

Enrollment Features

MID COAST-PARKVIEW HEALTH 401(K) PARTNERSHIP 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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