MULTICULTURAL HOME CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Plan Contact

  • Address: 330 LYNNWAY STE 103,LYNN,MA
  • Contact person: ROBERT SCHAEFFER
  • Phone: (781) 593-7174

Plan General Information

MULTICULTURAL HOME CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST Total Retirement Plan Assets

At the end of 2017, the total retirement plan assets of MULTICULTURAL HOME CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST is $3,173,494.00.This plan was established in 1999.

MULTICULTURAL HOME CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST Total Number of Retirement Plan Participants

At the end of 2017, the total number of retirement plan participants in MULTICULTURAL HOME CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST is 846

MULTICULTURAL HOME CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST Average Participant Retirement Account Value

In 2017, the average participant retirement account value for MULTICULTURAL HOME CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST is $3,751.00

MULTICULTURAL HOME CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST Estimated Average Employee Contribution Amount

In 2017, the estimated average employee contribution amount per participant for MULTICULTURAL HOME CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST is $539.00.

MULTICULTURAL HOME CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST Estimated Average Employer Match

In 2017, the estimated average employer match for an employee in MULTICULTURAL HOME CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST is approximately $144.00
Investing in this additonal $144.00 for 20 years would give you extra $9,245.00, assuming a 10% annual return.

MULTICULTURAL HOME CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST Total Employer Contribution and Match Rate

In 2017, MULTICULTURAL HOME CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST allocates $122,211.00 to match its employees' contributions, providing an employer match rate of 53.51% of their contributions

MULTICULTURAL HOME CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST Total Retirement Plan Asset Growth Rate

In 2017, the total retirement plan asset growth rate of MULTICULTURAL HOME CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST is 20.08%.

MULTICULTURAL HOME CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2017, the estimated aggregate retirement account investment gain/loss for MULTICULTURAL HOME CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST is 12.74%. This measures the effectiveness of the plan participants' investments in the year.

MULTICULTURAL HOME CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST Expense Ratio

In 2017, the investment and administrative expense ratio of MULTICULTURAL HOME CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST is 1.13%.

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