SALMON HEALTH AND RETIREMENT
Plan Contact
- Address: ONE LYMAN STREET,WESTBOROUGH,MA
- Contact person: SCOTT LAAKSO
- Phone: (508) 366-9933
Plan General Information
SALMON HEALTH AND RETIREMENT Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of SALMON HEALTH AND RETIREMENT is $38,728,928.00.This plan was established in 1994.
SALMON HEALTH AND RETIREMENT Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in SALMON HEALTH AND RETIREMENT is 1386
SALMON HEALTH AND RETIREMENT Average Participant Retirement Account Value
In 2023, the average participant retirement account value for SALMON HEALTH AND RETIREMENT is $27,942.00
SALMON HEALTH AND RETIREMENT Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for SALMON HEALTH AND RETIREMENT is $2,348.00.
SALMON HEALTH AND RETIREMENT Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in SALMON HEALTH AND RETIREMENT is approximately $123.00
Investing in this additonal $123.00 for 20 years would give you extra $7,880.00, assuming a 10% annual return.
Investing in this additonal $123.00 for 20 years would give you extra $7,880.00, assuming a 10% annual return.
SALMON HEALTH AND RETIREMENT Total Employer Contribution and Match Rate
In 2023, SALMON HEALTH AND RETIREMENT allocates $170,660.00 to match its employees' contributions, providing an employer match rate of 10.49% of their contributions
SALMON HEALTH AND RETIREMENT Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of SALMON HEALTH AND RETIREMENT is 13.33%.
SALMON HEALTH AND RETIREMENT Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for SALMON HEALTH AND RETIREMENT is 21.36%. This measures the effectiveness of the plan participants' investments in the year.
SALMON HEALTH AND RETIREMENT Expense Ratio
In 2023, the investment and administrative expense ratio of SALMON HEALTH AND RETIREMENT is 0.40%.
Enrollment Features
SALMON HEALTH AND RETIREMENT 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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