SUMMA HEALTH SYSTEM TAX SHELTERED ANNUITY PROGRAM
Plan Contact
- Address: P.O. BOX 2090,AKRON,OH
- Contact person: THOMAS ONEILL
- Phone: (234) 312-5867
Plan General Information
SUMMA HEALTH SYSTEM TAX SHELTERED ANNUITY PROGRAM Total Retirement Plan Assets
At the end of 2014, the total retirement plan assets of SUMMA HEALTH SYSTEM TAX SHELTERED ANNUITY PROGRAM is $430,986,450.00.This plan was established in 1997.
SUMMA HEALTH SYSTEM TAX SHELTERED ANNUITY PROGRAM Total Number of Retirement Plan Participants
At the end of 2014, the total number of retirement plan participants in SUMMA HEALTH SYSTEM TAX SHELTERED ANNUITY PROGRAM is 9936
SUMMA HEALTH SYSTEM TAX SHELTERED ANNUITY PROGRAM Average Participant Retirement Account Value
In 2014, the average participant retirement account value for SUMMA HEALTH SYSTEM TAX SHELTERED ANNUITY PROGRAM is $43,376.00
SUMMA HEALTH SYSTEM TAX SHELTERED ANNUITY PROGRAM Estimated Average Employee Contribution Amount
In 2014, the estimated average employee contribution amount per participant for SUMMA HEALTH SYSTEM TAX SHELTERED ANNUITY PROGRAM is $4,439.00.
SUMMA HEALTH SYSTEM TAX SHELTERED ANNUITY PROGRAM Estimated Average Employer Match
In 2014, the estimated average employer match for an employee in SUMMA HEALTH SYSTEM TAX SHELTERED ANNUITY PROGRAM is approximately $748.00
Investing in this additonal $748.00 for 20 years would give you extra $47,932.00, assuming a 10% annual return.
Investing in this additonal $748.00 for 20 years would give you extra $47,932.00, assuming a 10% annual return.
SUMMA HEALTH SYSTEM TAX SHELTERED ANNUITY PROGRAM Total Employer Contribution and Match Rate
In 2014, SUMMA HEALTH SYSTEM TAX SHELTERED ANNUITY PROGRAM allocates $7,441,508.00 to match its employees' contributions, providing an employer match rate of 33.74% of their contributions
SUMMA HEALTH SYSTEM TAX SHELTERED ANNUITY PROGRAM Total Retirement Plan Asset Growth Rate
In 2014, the total retirement plan asset growth rate of SUMMA HEALTH SYSTEM TAX SHELTERED ANNUITY PROGRAM is 4.73%.
SUMMA HEALTH SYSTEM TAX SHELTERED ANNUITY PROGRAM Estimated Aggregate Retirement Account Investment Gain/Loss
In 2014, the estimated aggregate retirement account investment gain/loss for SUMMA HEALTH SYSTEM TAX SHELTERED ANNUITY PROGRAM is 7.01%. This measures the effectiveness of the plan participants' investments in the year.
SUMMA HEALTH SYSTEM TAX SHELTERED ANNUITY PROGRAM Expense Ratio
In 2014, the investment and administrative expense ratio of SUMMA HEALTH SYSTEM TAX SHELTERED ANNUITY PROGRAM is 0.01%.
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