SOUTH PENINSULA HOSPITAL 403(B) PLAN FOR UNION EMPLOYEES

Plan Contact

  • Address: 4300 BARTLETT STREET,HOMER,AK
  • Contact person: ANGELA HINNEGAN
  • Phone: (907) 235-8101

Plan General Information

SOUTH PENINSULA HOSPITAL 403(B) PLAN FOR UNION EMPLOYEES Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SOUTH PENINSULA HOSPITAL 403(B) PLAN FOR UNION EMPLOYEES is $7,259,052.00.This plan was established in 2015.

SOUTH PENINSULA HOSPITAL 403(B) PLAN FOR UNION EMPLOYEES Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SOUTH PENINSULA HOSPITAL 403(B) PLAN FOR UNION EMPLOYEES is 377

SOUTH PENINSULA HOSPITAL 403(B) PLAN FOR UNION EMPLOYEES Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SOUTH PENINSULA HOSPITAL 403(B) PLAN FOR UNION EMPLOYEES is $19,254.00

SOUTH PENINSULA HOSPITAL 403(B) PLAN FOR UNION EMPLOYEES Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SOUTH PENINSULA HOSPITAL 403(B) PLAN FOR UNION EMPLOYEES is $2,189.00.

SOUTH PENINSULA HOSPITAL 403(B) PLAN FOR UNION EMPLOYEES Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SOUTH PENINSULA HOSPITAL 403(B) PLAN FOR UNION EMPLOYEES is approximately $2,400.00
Investing in this additonal $2,400.00 for 20 years would give you extra $153,635.00, assuming a 10% annual return.

SOUTH PENINSULA HOSPITAL 403(B) PLAN FOR UNION EMPLOYEES Total Employer Contribution and Match Rate

In 2023, SOUTH PENINSULA HOSPITAL 403(B) PLAN FOR UNION EMPLOYEES allocates $905,009.00 to match its employees' contributions, providing an employer match rate of 122.14% of their contributions

SOUTH PENINSULA HOSPITAL 403(B) PLAN FOR UNION EMPLOYEES Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SOUTH PENINSULA HOSPITAL 403(B) PLAN FOR UNION EMPLOYEES is 52.09%.

SOUTH PENINSULA HOSPITAL 403(B) PLAN FOR UNION EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SOUTH PENINSULA HOSPITAL 403(B) PLAN FOR UNION EMPLOYEES is 16.24%. This measures the effectiveness of the plan participants' investments in the year.

SOUTH PENINSULA HOSPITAL 403(B) PLAN FOR UNION EMPLOYEES Expense Ratio

In 2023, the investment and administrative expense ratio of SOUTH PENINSULA HOSPITAL 403(B) PLAN FOR UNION EMPLOYEES is 0.37%.

Enrollment Features

SOUTH PENINSULA HOSPITAL 403(B) PLAN FOR UNION EMPLOYEES has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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