NEW LONDON HOSPITAL ASSOCIATION, INC. 403(B) PLAN

Plan Contact

  • Address: 273 COUNTRY RD,NEW LONDON,NH
  • Contact person: ANDREW FACE
  • Phone: (603) 526-5307

Plan General Information

NEW LONDON HOSPITAL ASSOCIATION, INC. 403(B) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in NEW LONDON HOSPITAL ASSOCIATION, INC. 403(B) PLAN is 778

NEW LONDON HOSPITAL ASSOCIATION, INC. 403(B) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for NEW LONDON HOSPITAL ASSOCIATION, INC. 403(B) PLAN is $3,172.00.

NEW LONDON HOSPITAL ASSOCIATION, INC. 403(B) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in NEW LONDON HOSPITAL ASSOCIATION, INC. 403(B) PLAN is approximately $2,259.00
Investing in this additonal $2,259.00 for 20 years would give you extra $144,627.00, assuming a 10% annual return.

NEW LONDON HOSPITAL ASSOCIATION, INC. 403(B) PLAN Total Employer Contribution and Match Rate

In 2023, NEW LONDON HOSPITAL ASSOCIATION, INC. 403(B) PLAN allocates $1,758,133.00 to match its employees' contributions, providing an employer match rate of 73.93% of their contributions

Enrollment Features

NEW LONDON HOSPITAL ASSOCIATION, INC. 403(B) 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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