PROMISES BEHAVIORAL HEALTH, LLC

Plan Contact

  • Address: 103 POWELL CT. SUITE 100,BRENTWOOD,TN
  • Contact person: GAYLE JONES
  • Phone: (888) 648-1941

Plan General Information

PROMISES BEHAVIORAL HEALTH, LLC Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of PROMISES BEHAVIORAL HEALTH, LLC is $8,022,779.00.This plan was established in 1998.

PROMISES BEHAVIORAL HEALTH, LLC Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in PROMISES BEHAVIORAL HEALTH, LLC is 771

PROMISES BEHAVIORAL HEALTH, LLC Average Participant Retirement Account Value

In 2023, the average participant retirement account value for PROMISES BEHAVIORAL HEALTH, LLC is $10,405.00

PROMISES BEHAVIORAL HEALTH, LLC Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for PROMISES BEHAVIORAL HEALTH, LLC is $1,403.00.

PROMISES BEHAVIORAL HEALTH, LLC Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in PROMISES BEHAVIORAL HEALTH, LLC is approximately $163.00
Investing in this additonal $163.00 for 20 years would give you extra $10,446.00, assuming a 10% annual return.

PROMISES BEHAVIORAL HEALTH, LLC Total Employer Contribution and Match Rate

In 2023, PROMISES BEHAVIORAL HEALTH, LLC allocates $125,846.00 to match its employees' contributions, providing an employer match rate of 11.85% of their contributions

PROMISES BEHAVIORAL HEALTH, LLC Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of PROMISES BEHAVIORAL HEALTH, LLC is 19.39%.

PROMISES BEHAVIORAL HEALTH, LLC Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for PROMISES BEHAVIORAL HEALTH, LLC is 18.15%. This measures the effectiveness of the plan participants' investments in the year.

PROMISES BEHAVIORAL HEALTH, LLC Expense Ratio

In 2023, the investment and administrative expense ratio of PROMISES BEHAVIORAL HEALTH, LLC is 0.70%.

Enrollment Features

PROMISES BEHAVIORAL HEALTH, LLC has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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