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SUMMA WESTERN RESERVE HOSPITAL, LLC DBA WESTERN RESERVE HOSPITAL, LLC 401(K) PROFIT SHARING PLAN

Plan Contact

  • Address: 1900 23RD STREET,CUYAHOGA FALLS,OH
  • Contact person: CHARLES MITCHELL
  • Phone: (330) 971-7000

Plan General Information

SUMMA WESTERN RESERVE HOSPITAL, LLC DBA WESTERN RESERVE HOSPITAL, LLC 401(K) PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2015, the total retirement plan assets of SUMMA WESTERN RESERVE HOSPITAL, LLC DBA WESTERN RESERVE HOSPITAL, LLC 401(K) PROFIT SHARING PLAN is $13,836,720.00.This plan was established in 2009.

SUMMA WESTERN RESERVE HOSPITAL, LLC DBA WESTERN RESERVE HOSPITAL, LLC 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2015, the total number of retirement plan participants in SUMMA WESTERN RESERVE HOSPITAL, LLC DBA WESTERN RESERVE HOSPITAL, LLC 401(K) PROFIT SHARING PLAN is 940

SUMMA WESTERN RESERVE HOSPITAL, LLC DBA WESTERN RESERVE HOSPITAL, LLC 401(K) PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2015, the average participant retirement account value for SUMMA WESTERN RESERVE HOSPITAL, LLC DBA WESTERN RESERVE HOSPITAL, LLC 401(K) PROFIT SHARING PLAN is $14,719.00

SUMMA WESTERN RESERVE HOSPITAL, LLC DBA WESTERN RESERVE HOSPITAL, LLC 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2015, the estimated average employee contribution amount per participant for SUMMA WESTERN RESERVE HOSPITAL, LLC DBA WESTERN RESERVE HOSPITAL, LLC 401(K) PROFIT SHARING PLAN is $3,600.00.

SUMMA WESTERN RESERVE HOSPITAL, LLC DBA WESTERN RESERVE HOSPITAL, LLC 401(K) PROFIT SHARING PLAN Estimated Average Employer Match

In 2015, the estimated average employer match for an employee in SUMMA WESTERN RESERVE HOSPITAL, LLC DBA WESTERN RESERVE HOSPITAL, LLC 401(K) PROFIT SHARING PLAN is approximately $559.00
Investing in this additonal $559.00 for 20 years would give you extra $35,808.00, assuming a 10% annual return.

SUMMA WESTERN RESERVE HOSPITAL, LLC DBA WESTERN RESERVE HOSPITAL, LLC 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2015, SUMMA WESTERN RESERVE HOSPITAL, LLC DBA WESTERN RESERVE HOSPITAL, LLC 401(K) PROFIT SHARING PLAN allocates $525,938.00 to match its employees' contributions, providing an employer match rate of 31.08% of their contributions

SUMMA WESTERN RESERVE HOSPITAL, LLC DBA WESTERN RESERVE HOSPITAL, LLC 401(K) PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2015, the total retirement plan asset growth rate of SUMMA WESTERN RESERVE HOSPITAL, LLC DBA WESTERN RESERVE HOSPITAL, LLC 401(K) PROFIT SHARING PLAN is 11.71%.

SUMMA WESTERN RESERVE HOSPITAL, LLC DBA WESTERN RESERVE HOSPITAL, LLC 401(K) PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2015, the estimated aggregate retirement account investment gain/loss for SUMMA WESTERN RESERVE HOSPITAL, LLC DBA WESTERN RESERVE HOSPITAL, LLC 401(K) PROFIT SHARING PLAN is 0.08%. This measures the effectiveness of the plan participants' investments in the year.

SUMMA WESTERN RESERVE HOSPITAL, LLC DBA WESTERN RESERVE HOSPITAL, LLC 401(K) PROFIT SHARING PLAN Expense Ratio

In 2015, the investment and administrative expense ratio of SUMMA WESTERN RESERVE HOSPITAL, LLC DBA WESTERN RESERVE HOSPITAL, LLC 401(K) PROFIT SHARING PLAN is 0.39%.

Enrollment Features

SUMMA WESTERN RESERVE HOSPITAL, LLC DBA WESTERN RESERVE HOSPITAL, LLC 401(K) PROFIT SHARING PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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