STEWART MEMORIAL COMMUNITY HOSPITAL INTERNAL REVENUE CODE SECTION 403(B)

Plan Contact

  • Address: 1301 W MAIN STREET,LAKE CITY,IA
  • Contact person: JIM HENKENIUS
  • Phone: (712) 464-4200

Plan General Information

STEWART MEMORIAL COMMUNITY HOSPITAL INTERNAL REVENUE CODE SECTION 403(B) Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of STEWART MEMORIAL COMMUNITY HOSPITAL INTERNAL REVENUE CODE SECTION 403(B) is $23,942,779.00.This plan was established in 1971.

STEWART MEMORIAL COMMUNITY HOSPITAL INTERNAL REVENUE CODE SECTION 403(B) Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in STEWART MEMORIAL COMMUNITY HOSPITAL INTERNAL REVENUE CODE SECTION 403(B) is 332

STEWART MEMORIAL COMMUNITY HOSPITAL INTERNAL REVENUE CODE SECTION 403(B) Average Participant Retirement Account Value

In 2023, the average participant retirement account value for STEWART MEMORIAL COMMUNITY HOSPITAL INTERNAL REVENUE CODE SECTION 403(B) is $72,116.00

STEWART MEMORIAL COMMUNITY HOSPITAL INTERNAL REVENUE CODE SECTION 403(B) Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for STEWART MEMORIAL COMMUNITY HOSPITAL INTERNAL REVENUE CODE SECTION 403(B) is $4,120.00.

STEWART MEMORIAL COMMUNITY HOSPITAL INTERNAL REVENUE CODE SECTION 403(B) Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in STEWART MEMORIAL COMMUNITY HOSPITAL INTERNAL REVENUE CODE SECTION 403(B) is approximately $1,098.00
Investing in this additonal $1,098.00 for 20 years would give you extra $70,288.00, assuming a 10% annual return.

STEWART MEMORIAL COMMUNITY HOSPITAL INTERNAL REVENUE CODE SECTION 403(B) Total Employer Contribution and Match Rate

In 2023, STEWART MEMORIAL COMMUNITY HOSPITAL INTERNAL REVENUE CODE SECTION 403(B) allocates $364,622.00 to match its employees' contributions, providing an employer match rate of 28.23% of their contributions

STEWART MEMORIAL COMMUNITY HOSPITAL INTERNAL REVENUE CODE SECTION 403(B) Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of STEWART MEMORIAL COMMUNITY HOSPITAL INTERNAL REVENUE CODE SECTION 403(B) is 13.95%.

STEWART MEMORIAL COMMUNITY HOSPITAL INTERNAL REVENUE CODE SECTION 403(B) Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for STEWART MEMORIAL COMMUNITY HOSPITAL INTERNAL REVENUE CODE SECTION 403(B) is 16.52%. This measures the effectiveness of the plan participants' investments in the year.

STEWART MEMORIAL COMMUNITY HOSPITAL INTERNAL REVENUE CODE SECTION 403(B) Expense Ratio

In 2023, the investment and administrative expense ratio of STEWART MEMORIAL COMMUNITY HOSPITAL INTERNAL REVENUE CODE SECTION 403(B) is 0.52%.

Enrollment Features

STEWART MEMORIAL COMMUNITY HOSPITAL INTERNAL REVENUE CODE SECTION 403(B) 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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