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TRIPLE-S SALUD, INC. RETIREMENT AND SAVINGS PLAN FOR UNION EMPLOYEES

Plan Contact

  • Address: PO BOX 363628,SAN JUAN,PR
  • Contact person: REBECCA RODRIGUEZ RODRIGUEZ
  • Phone: (787) 749-4949

Plan General Information

TRIPLE-S SALUD, INC. RETIREMENT AND SAVINGS PLAN FOR UNION EMPLOYEES Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of TRIPLE-S SALUD, INC. RETIREMENT AND SAVINGS PLAN FOR UNION EMPLOYEES is $3,735,212.00.This plan was established in 2008.

TRIPLE-S SALUD, INC. RETIREMENT AND SAVINGS PLAN FOR UNION EMPLOYEES Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in TRIPLE-S SALUD, INC. RETIREMENT AND SAVINGS PLAN FOR UNION EMPLOYEES is 575

TRIPLE-S SALUD, INC. RETIREMENT AND SAVINGS PLAN FOR UNION EMPLOYEES Average Participant Retirement Account Value

In 2022, the average participant retirement account value for TRIPLE-S SALUD, INC. RETIREMENT AND SAVINGS PLAN FOR UNION EMPLOYEES is $6,496.00

TRIPLE-S SALUD, INC. RETIREMENT AND SAVINGS PLAN FOR UNION EMPLOYEES Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for TRIPLE-S SALUD, INC. RETIREMENT AND SAVINGS PLAN FOR UNION EMPLOYEES is $662.00.

TRIPLE-S SALUD, INC. RETIREMENT AND SAVINGS PLAN FOR UNION EMPLOYEES Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in TRIPLE-S SALUD, INC. RETIREMENT AND SAVINGS PLAN FOR UNION EMPLOYEES is approximately $655.00
Investing in this additonal $655.00 for 20 years would give you extra $41,923.00, assuming a 10% annual return.

TRIPLE-S SALUD, INC. RETIREMENT AND SAVINGS PLAN FOR UNION EMPLOYEES Total Employer Contribution and Match Rate

In 2022, TRIPLE-S SALUD, INC. RETIREMENT AND SAVINGS PLAN FOR UNION EMPLOYEES allocates $376,654.00 to match its employees' contributions, providing an employer match rate of 98.23% of their contributions

TRIPLE-S SALUD, INC. RETIREMENT AND SAVINGS PLAN FOR UNION EMPLOYEES Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of TRIPLE-S SALUD, INC. RETIREMENT AND SAVINGS PLAN FOR UNION EMPLOYEES is -15.32%.

TRIPLE-S SALUD, INC. RETIREMENT AND SAVINGS PLAN FOR UNION EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for TRIPLE-S SALUD, INC. RETIREMENT AND SAVINGS PLAN FOR UNION EMPLOYEES is -14.85%. This measures the effectiveness of the plan participants' investments in the year.

TRIPLE-S SALUD, INC. RETIREMENT AND SAVINGS PLAN FOR UNION EMPLOYEES Expense Ratio

In 2022, the investment and administrative expense ratio of TRIPLE-S SALUD, INC. RETIREMENT AND SAVINGS PLAN FOR UNION EMPLOYEES is 0.33%.

Enrollment Features

TRIPLE-S SALUD, INC. RETIREMENT AND SAVINGS PLAN FOR UNION EMPLOYEES 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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