SUMMA HEALTH 403(B) PLAN
Plan Contact
- Address: 1077 GORGE BLVD,,AKRON,OH
- Contact person: ANN KISER
- Phone: (234) 312-5867
Plan General Information
SUMMA HEALTH 403(B) PLAN Total Retirement Plan Assets
At the end of 2019, the total retirement plan assets of SUMMA HEALTH 403(B) PLAN is $599,593,462.00.This plan was established in 1997.
SUMMA HEALTH 403(B) PLAN Total Number of Retirement Plan Participants
At the end of 2019, the total number of retirement plan participants in SUMMA HEALTH 403(B) PLAN is 9241
SUMMA HEALTH 403(B) PLAN Average Participant Retirement Account Value
In 2019, the average participant retirement account value for SUMMA HEALTH 403(B) PLAN is $64,884.00
SUMMA HEALTH 403(B) PLAN Estimated Average Employee Contribution Amount
In 2019, the estimated average employee contribution amount per participant for SUMMA HEALTH 403(B) PLAN is $5,737.00.
SUMMA HEALTH 403(B) PLAN Estimated Average Employer Match
In 2019, the estimated average employer match for an employee in SUMMA HEALTH 403(B) PLAN is approximately $959.00
Investing in this additonal $959.00 for 20 years would give you extra $61,412.00, assuming a 10% annual return.
Investing in this additonal $959.00 for 20 years would give you extra $61,412.00, assuming a 10% annual return.
SUMMA HEALTH 403(B) PLAN Total Employer Contribution and Match Rate
In 2019, SUMMA HEALTH 403(B) PLAN allocates $8,867,336.00 to match its employees' contributions, providing an employer match rate of 33.45% of their contributions
SUMMA HEALTH 403(B) PLAN Total Retirement Plan Asset Growth Rate
In 2019, the total retirement plan asset growth rate of SUMMA HEALTH 403(B) PLAN is 21.00%.
SUMMA HEALTH 403(B) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2019, the estimated aggregate retirement account investment gain/loss for SUMMA HEALTH 403(B) PLAN is 22.89%. This measures the effectiveness of the plan participants' investments in the year.
SUMMA HEALTH 403(B) PLAN Expense Ratio
In 2019, the investment and administrative expense ratio of SUMMA HEALTH 403(B) PLAN is 0.08%.
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