MORRIS HOSPITAL & HEALTHCARE CENTERS INTERNAL REVENUE CODE SECTION 403(B)
Plan Contact
- Address: 150 W HIGH ST,MORRIS,IL
- Contact person: SCOTT LINDSEY
- Phone: (815) 942-2932
Plan General Information
MORRIS HOSPITAL & HEALTHCARE CENTERS INTERNAL REVENUE CODE SECTION 403(B) Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of MORRIS HOSPITAL & HEALTHCARE CENTERS INTERNAL REVENUE CODE SECTION 403(B) is $102,761,705.00.This plan was established in 1987.
MORRIS HOSPITAL & HEALTHCARE CENTERS INTERNAL REVENUE CODE SECTION 403(B) Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in MORRIS HOSPITAL & HEALTHCARE CENTERS INTERNAL REVENUE CODE SECTION 403(B) is 1625
MORRIS HOSPITAL & HEALTHCARE CENTERS INTERNAL REVENUE CODE SECTION 403(B) Average Participant Retirement Account Value
In 2023, the average participant retirement account value for MORRIS HOSPITAL & HEALTHCARE CENTERS INTERNAL REVENUE CODE SECTION 403(B) is $63,237.00
MORRIS HOSPITAL & HEALTHCARE CENTERS INTERNAL REVENUE CODE SECTION 403(B) Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for MORRIS HOSPITAL & HEALTHCARE CENTERS INTERNAL REVENUE CODE SECTION 403(B) is $7,599.00.
MORRIS HOSPITAL & HEALTHCARE CENTERS INTERNAL REVENUE CODE SECTION 403(B) Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in MORRIS HOSPITAL & HEALTHCARE CENTERS INTERNAL REVENUE CODE SECTION 403(B) is approximately $1,272.00
Investing in this additonal $1,272.00 for 20 years would give you extra $81,468.00, assuming a 10% annual return.
Investing in this additonal $1,272.00 for 20 years would give you extra $81,468.00, assuming a 10% annual return.
MORRIS HOSPITAL & HEALTHCARE CENTERS INTERNAL REVENUE CODE SECTION 403(B) Total Employer Contribution and Match Rate
In 2023, MORRIS HOSPITAL & HEALTHCARE CENTERS INTERNAL REVENUE CODE SECTION 403(B) allocates $2,068,528.00 to match its employees' contributions, providing an employer match rate of 33.50% of their contributions
MORRIS HOSPITAL & HEALTHCARE CENTERS INTERNAL REVENUE CODE SECTION 403(B) Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of MORRIS HOSPITAL & HEALTHCARE CENTERS INTERNAL REVENUE CODE SECTION 403(B) is 20.21%.
MORRIS HOSPITAL & HEALTHCARE CENTERS INTERNAL REVENUE CODE SECTION 403(B) Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for MORRIS HOSPITAL & HEALTHCARE CENTERS INTERNAL REVENUE CODE SECTION 403(B) is 16.67%. This measures the effectiveness of the plan participants' investments in the year.
MORRIS HOSPITAL & HEALTHCARE CENTERS INTERNAL REVENUE CODE SECTION 403(B) Expense Ratio
In 2023, the investment and administrative expense ratio of MORRIS HOSPITAL & HEALTHCARE CENTERS INTERNAL REVENUE CODE SECTION 403(B) is 0.18%.
Enrollment Features
MORRIS HOSPITAL & HEALTHCARE CENTERS INTERNAL REVENUE CODE SECTION 403(B) has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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