PENNOCK HOSPITAL EMPLOYEES TAX DEFERRED RETIREMENT SAVINGS PLAN

Plan Contact

  • Contact person: BONNIE J MRACZEK
  • Phone: (616) 945-3451

Plan General Information

PENNOCK HOSPITAL EMPLOYEES TAX DEFERRED RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2001, the total retirement plan assets of PENNOCK HOSPITAL EMPLOYEES TAX DEFERRED RETIREMENT SAVINGS PLAN is $12,302,009.00.This plan was established in 1990.

PENNOCK HOSPITAL EMPLOYEES TAX DEFERRED RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2001, the total number of retirement plan participants in PENNOCK HOSPITAL EMPLOYEES TAX DEFERRED RETIREMENT SAVINGS PLAN is 560

PENNOCK HOSPITAL EMPLOYEES TAX DEFERRED RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2001, the average participant retirement account value for PENNOCK HOSPITAL EMPLOYEES TAX DEFERRED RETIREMENT SAVINGS PLAN is $21,967.00

PENNOCK HOSPITAL EMPLOYEES TAX DEFERRED RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2001, the estimated average employee contribution amount per participant for PENNOCK HOSPITAL EMPLOYEES TAX DEFERRED RETIREMENT SAVINGS PLAN is $2,111.00.

PENNOCK HOSPITAL EMPLOYEES TAX DEFERRED RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2001, the estimated average employer match for an employee in PENNOCK HOSPITAL EMPLOYEES TAX DEFERRED RETIREMENT SAVINGS PLAN is approximately $666.00
Investing in this additonal $666.00 for 20 years would give you extra $42,647.00, assuming a 10% annual return.

PENNOCK HOSPITAL EMPLOYEES TAX DEFERRED RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2001, PENNOCK HOSPITAL EMPLOYEES TAX DEFERRED RETIREMENT SAVINGS PLAN allocates $373,169.00 to match its employees' contributions, providing an employer match rate of 63.11% of their contributions

PENNOCK HOSPITAL EMPLOYEES TAX DEFERRED RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2001, the total retirement plan asset growth rate of PENNOCK HOSPITAL EMPLOYEES TAX DEFERRED RETIREMENT SAVINGS PLAN is -1.72%.

PENNOCK HOSPITAL EMPLOYEES TAX DEFERRED RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2001, the estimated aggregate retirement account investment gain/loss for PENNOCK HOSPITAL EMPLOYEES TAX DEFERRED RETIREMENT SAVINGS PLAN is -4.78%. This measures the effectiveness of the plan participants' investments in the year.

PENNOCK HOSPITAL EMPLOYEES TAX DEFERRED RETIREMENT SAVINGS PLAN Expense Ratio

In 2001, the investment and administrative expense ratio of PENNOCK HOSPITAL EMPLOYEES TAX DEFERRED RETIREMENT SAVINGS PLAN is 0.02%.

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