WOUND CARE SPECIALISTS 401(K) PLAN

Plan Contact

  • Address: 439 S PLEASANT GROVE BLVD,,PLEASANT GROVE,UT
  • Contact person: QIAN LIU
  • Phone: (801) 822-8747

Plan General Information

WOUND CARE SPECIALISTS 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of WOUND CARE SPECIALISTS 401(K) PLAN is $1,950,162.00.This plan was established in 2022.

WOUND CARE SPECIALISTS 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in WOUND CARE SPECIALISTS 401(K) PLAN is 141

WOUND CARE SPECIALISTS 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for WOUND CARE SPECIALISTS 401(K) PLAN is $13,830.00

WOUND CARE SPECIALISTS 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for WOUND CARE SPECIALISTS 401(K) PLAN is $11,887.00.

WOUND CARE SPECIALISTS 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in WOUND CARE SPECIALISTS 401(K) PLAN is approximately $3,528.00
Investing in this additonal $3,528.00 for 20 years would give you extra $225,799.00, assuming a 10% annual return.

WOUND CARE SPECIALISTS 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, WOUND CARE SPECIALISTS 401(K) PLAN allocates $497,465.00 to match its employees' contributions, providing an employer match rate of 59.36% of their contributions

WOUND CARE SPECIALISTS 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of WOUND CARE SPECIALISTS 401(K) PLAN is 388.02%.

WOUND CARE SPECIALISTS 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for WOUND CARE SPECIALISTS 401(K) PLAN is 17.46%. This measures the effectiveness of the plan participants' investments in the year.

WOUND CARE SPECIALISTS 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of WOUND CARE SPECIALISTS 401(K) PLAN is 0.08%.

Enrollment Features

WOUND CARE SPECIALISTS 401(K) PLAN 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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