SMITH PACKETT MED-COM, LLC 401(K) RETIREMENT PLAN
Plan Contact
- Address: 4423 PHEASANT RIDGE ROAD,,ROANOKE,VA
- Contact person: LORRI NEWMAN
- Phone: (540) 562-8280
Plan General Information
SMITH PACKETT MED-COM, LLC 401(K) RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of SMITH PACKETT MED-COM, LLC 401(K) RETIREMENT PLAN is $5,450,363.00.This plan was established in 2000.
SMITH PACKETT MED-COM, LLC 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in SMITH PACKETT MED-COM, LLC 401(K) RETIREMENT PLAN is 2607
SMITH PACKETT MED-COM, LLC 401(K) RETIREMENT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for SMITH PACKETT MED-COM, LLC 401(K) RETIREMENT PLAN is $2,090.00
SMITH PACKETT MED-COM, LLC 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for SMITH PACKETT MED-COM, LLC 401(K) RETIREMENT PLAN is $1,529.00.
SMITH PACKETT MED-COM, LLC 401(K) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of SMITH PACKETT MED-COM, LLC 401(K) RETIREMENT PLAN is 37.54%.
SMITH PACKETT MED-COM, LLC 401(K) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for SMITH PACKETT MED-COM, LLC 401(K) RETIREMENT PLAN is 18.00%. This measures the effectiveness of the plan participants' investments in the year.
SMITH PACKETT MED-COM, LLC 401(K) RETIREMENT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of SMITH PACKETT MED-COM, LLC 401(K) RETIREMENT PLAN is 4.83%.
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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