NETWORK HEALTH, INC. 403B SAVINGS AND RETIREMENT PLAN

Plan Contact

  • Address: 101 STATION LANDING, 4TH FLR,MEDFORD,MA
  • Contact person: CHRISTINE SANFTLEBEN
  • Phone: (781) 393-3582

Plan General Information

NETWORK HEALTH, INC. 403B SAVINGS AND RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2011, the total retirement plan assets of NETWORK HEALTH, INC. 403B SAVINGS AND RETIREMENT PLAN is $2,300,987.00.This plan was established in 2000.

NETWORK HEALTH, INC. 403B SAVINGS AND RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2011, the total number of retirement plan participants in NETWORK HEALTH, INC. 403B SAVINGS AND RETIREMENT PLAN is 480

NETWORK HEALTH, INC. 403B SAVINGS AND RETIREMENT PLAN Average Participant Retirement Account Value

In 2011, the average participant retirement account value for NETWORK HEALTH, INC. 403B SAVINGS AND RETIREMENT PLAN is $4,793.00

NETWORK HEALTH, INC. 403B SAVINGS AND RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2011, the estimated average employee contribution amount per participant for NETWORK HEALTH, INC. 403B SAVINGS AND RETIREMENT PLAN is $4,471.00.

NETWORK HEALTH, INC. 403B SAVINGS AND RETIREMENT PLAN Estimated Average Employer Match

In 2011, the estimated average employer match for an employee in NETWORK HEALTH, INC. 403B SAVINGS AND RETIREMENT PLAN is approximately $1,942.00
Investing in this additonal $1,942.00 for 20 years would give you extra $124,297.00, assuming a 10% annual return.

NETWORK HEALTH, INC. 403B SAVINGS AND RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2011, NETWORK HEALTH, INC. 403B SAVINGS AND RETIREMENT PLAN allocates $932,233.00 to match its employees' contributions, providing an employer match rate of 86.86% of their contributions

NETWORK HEALTH, INC. 403B SAVINGS AND RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2011, the total retirement plan asset growth rate of NETWORK HEALTH, INC. 403B SAVINGS AND RETIREMENT PLAN is -76.93%.

NETWORK HEALTH, INC. 403B SAVINGS AND RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2011, the estimated aggregate retirement account investment gain/loss for NETWORK HEALTH, INC. 403B SAVINGS AND RETIREMENT PLAN is -4.81%. This measures the effectiveness of the plan participants' investments in the year.

NETWORK HEALTH, INC. 403B SAVINGS AND RETIREMENT PLAN Expense Ratio

In 2011, the investment and administrative expense ratio of NETWORK HEALTH, INC. 403B SAVINGS AND RETIREMENT PLAN is 1.16%.

Enrollment Features

NETWORK HEALTH, INC. 403B SAVINGS AND RETIREMENT 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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