NGHS 401K RETIREMENT SAVINGS PLAN

  • Address: 743 SPRING ST SE,GAINESVILLE,GA
  • Contact person: MIKE FOSTER
  • Phone: (770) 219-7644

NGHS 401K RETIREMENT SAVINGS 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.

At the end of 2021, the total retirement plan assets of NGHS 401K RETIREMENT SAVINGS PLAN is $597,219,206.00.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in NGHS 401K RETIREMENT SAVINGS PLAN is 10807

In 2021, the average participant retirement account value for NGHS 401K RETIREMENT SAVINGS PLAN is $55,262.00

In 2021, the estimated average employee contribution amount per participant for NGHS 401K RETIREMENT SAVINGS PLAN is $4,047.00

In 2021, the estimated average employer match for an employee in NGHS 401K RETIREMENT SAVINGS PLAN is approximately $1,869.00

In 2021, NGHS 401K RETIREMENT SAVINGS PLAN allocates $20,201,222.00 to match its employees' contributions, providing an employer match rate of 46.19% of their contributions

In 2021, the total retirement plan asset growth rate of NGHS 401K RETIREMENT SAVINGS PLAN is 23.59%

In 2021, the estimated aggregate retirement account investment gain/loss for NGHS 401K RETIREMENT SAVINGS PLAN is 16.82%. This measures the effectiveness of the plan participants' investments in the year.

In 2021, the investment and administrative expense ratio of NGHS 401K RETIREMENT SAVINGS PLAN is 0.06%.

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