SMITH PACKETT MED-COM, LLC. 401(K) RETIREMENT PLAN

Plan Contact

  • Address: 4423 PHEASANT RIDGE RD STE 301,ROANOKE,VA
  • Contact person: LORRI NEWMAN
  • Phone: (540) 774-7762

Plan General Information

SMITH PACKETT MED-COM, LLC. 401(K) RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of SMITH PACKETT MED-COM, LLC. 401(K) RETIREMENT PLAN is $3,574,325.00.This plan was established in 2022.

SMITH PACKETT MED-COM, LLC. 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in SMITH PACKETT MED-COM, LLC. 401(K) RETIREMENT PLAN is 1730

SMITH PACKETT MED-COM, LLC. 401(K) RETIREMENT PLAN Average Participant Retirement Account Value

In 2021, the average participant retirement account value for SMITH PACKETT MED-COM, LLC. 401(K) RETIREMENT PLAN is $2,066.00

SMITH PACKETT MED-COM, LLC. 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for SMITH PACKETT MED-COM, LLC. 401(K) RETIREMENT PLAN is $591.00.

SMITH PACKETT MED-COM, LLC. 401(K) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of SMITH PACKETT MED-COM, LLC. 401(K) RETIREMENT PLAN is 45.57%.

SMITH PACKETT MED-COM, LLC. 401(K) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for SMITH PACKETT MED-COM, LLC. 401(K) RETIREMENT PLAN is 12.77%. This measures the effectiveness of the plan participants' investments in the year.

SMITH PACKETT MED-COM, LLC. 401(K) RETIREMENT PLAN Expense Ratio

In 2021, the investment and administrative expense ratio of SMITH PACKETT MED-COM, LLC. 401(K) RETIREMENT PLAN is 0.95%.

Enrollment Features

SMITH PACKETT MED-COM, LLC. 401(K) RETIREMENT PLAN 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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