PHILADELPHIA HEALTH AND EDUCATION CORPORATION DEFINED CONTRIBUTION RETIREMENT PLAN

Plan Contact

  • Address: 3141 CHESTNUT STREET,PHILADELPHIA,PA
  • Contact person: CHRIS BRUTSCHE
  • Phone: (215) 895-1271

Plan General Information

PHILADELPHIA HEALTH AND EDUCATION CORPORATION DEFINED CONTRIBUTION RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2014, the total number of retirement plan participants in PHILADELPHIA HEALTH AND EDUCATION CORPORATION DEFINED CONTRIBUTION RETIREMENT PLAN is 2239

PHILADELPHIA HEALTH AND EDUCATION CORPORATION DEFINED CONTRIBUTION RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2014, the estimated average employee contribution amount per participant for PHILADELPHIA HEALTH AND EDUCATION CORPORATION DEFINED CONTRIBUTION RETIREMENT PLAN is $6,214.00.

PHILADELPHIA HEALTH AND EDUCATION CORPORATION DEFINED CONTRIBUTION RETIREMENT PLAN Estimated Average Employer Match

In 2014, the estimated average employer match for an employee in PHILADELPHIA HEALTH AND EDUCATION CORPORATION DEFINED CONTRIBUTION RETIREMENT PLAN is approximately $4,072.00
Investing in this additonal $4,072.00 for 20 years would give you extra $260,624.00, assuming a 10% annual return.

PHILADELPHIA HEALTH AND EDUCATION CORPORATION DEFINED CONTRIBUTION RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2014, PHILADELPHIA HEALTH AND EDUCATION CORPORATION DEFINED CONTRIBUTION RETIREMENT PLAN allocates $9,117,802.00 to match its employees' contributions, providing an employer match rate of 131.06% of their contributions

Enrollment Features

PHILADELPHIA HEALTH AND EDUCATION CORPORATION DEFINED CONTRIBUTION 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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