TRANS-MED AMBULANCE, INC. 401(K) PLAN

Plan Contact

  • Address: 14 MARION STREET,LUZERNE,PA
  • Contact person: HOMER BERLEW
  • Phone: (570) 283-2444

Plan General Information

TRANS-MED AMBULANCE, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of TRANS-MED AMBULANCE, INC. 401(K) PLAN is $1,384,562.00.This plan was established in 2022.

TRANS-MED AMBULANCE, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in TRANS-MED AMBULANCE, INC. 401(K) PLAN is 106

TRANS-MED AMBULANCE, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2021, the average participant retirement account value for TRANS-MED AMBULANCE, INC. 401(K) PLAN is $13,061.00

TRANS-MED AMBULANCE, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for TRANS-MED AMBULANCE, INC. 401(K) PLAN is $1,250.00.

TRANS-MED AMBULANCE, INC. 401(K) PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in TRANS-MED AMBULANCE, INC. 401(K) PLAN is approximately $162.00
Investing in this additonal $162.00 for 20 years would give you extra $10,414.00, assuming a 10% annual return.

TRANS-MED AMBULANCE, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2021, TRANS-MED AMBULANCE, INC. 401(K) PLAN allocates $17,249.00 to match its employees' contributions, providing an employer match rate of 13.01% of their contributions

TRANS-MED AMBULANCE, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of TRANS-MED AMBULANCE, INC. 401(K) PLAN is 1.10%.

TRANS-MED AMBULANCE, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for TRANS-MED AMBULANCE, INC. 401(K) PLAN is 14.78%. This measures the effectiveness of the plan participants' investments in the year.

TRANS-MED AMBULANCE, INC. 401(K) PLAN Expense Ratio

In 2021, the investment and administrative expense ratio of TRANS-MED AMBULANCE, INC. 401(K) PLAN is 0.51%.

Enrollment Features

TRANS-MED AMBULANCE, INC. 401(K) 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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