SAFE HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SETTLEMENT HEALTH & MEDICAL SERVICES, INC.

Plan Contact

  • Address: 212 EAST 106TH ST,NEW YORK,NY
  • Phone: (212) 360-2600

Plan General Information

SAFE HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SETTLEMENT HEALTH & MEDICAL SERVICES, INC. Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SAFE HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SETTLEMENT HEALTH & MEDICAL SERVICES, INC. is $8,219,486.00.This plan was established in 1981.

SAFE HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SETTLEMENT HEALTH & MEDICAL SERVICES, INC. Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SAFE HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SETTLEMENT HEALTH & MEDICAL SERVICES, INC. is 186

SAFE HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SETTLEMENT HEALTH & MEDICAL SERVICES, INC. Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SAFE HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SETTLEMENT HEALTH & MEDICAL SERVICES, INC. is $44,190.00

SAFE HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SETTLEMENT HEALTH & MEDICAL SERVICES, INC. Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SAFE HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SETTLEMENT HEALTH & MEDICAL SERVICES, INC. is $2,635.00.

SAFE HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SETTLEMENT HEALTH & MEDICAL SERVICES, INC. Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SAFE HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SETTLEMENT HEALTH & MEDICAL SERVICES, INC. is approximately $1,321.00
Investing in this additonal $1,321.00 for 20 years would give you extra $84,584.00, assuming a 10% annual return.

SAFE HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SETTLEMENT HEALTH & MEDICAL SERVICES, INC. Total Employer Contribution and Match Rate

In 2023, SAFE HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SETTLEMENT HEALTH & MEDICAL SERVICES, INC. allocates $245,823.00 to match its employees' contributions, providing an employer match rate of 52.84% of their contributions

SAFE HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SETTLEMENT HEALTH & MEDICAL SERVICES, INC. Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SAFE HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SETTLEMENT HEALTH & MEDICAL SERVICES, INC. is 20.96%.

SAFE HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SETTLEMENT HEALTH & MEDICAL SERVICES, INC. Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SAFE HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SETTLEMENT HEALTH & MEDICAL SERVICES, INC. is 14.53%. This measures the effectiveness of the plan participants' investments in the year.

SAFE HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SETTLEMENT HEALTH & MEDICAL SERVICES, INC. Expense Ratio

In 2023, the investment and administrative expense ratio of SAFE HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SETTLEMENT HEALTH & MEDICAL SERVICES, INC. is 0.01%.

Enrollment Features

SAFE HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SETTLEMENT HEALTH & MEDICAL SERVICES, INC. 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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