ALABAMA MEDICAL GROUP 401(K) PSP

At the end of 2022, the total retirement plan assets of ALABAMA MEDICAL GROUP 401(K) PSP is $17,477,952.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in ALABAMA MEDICAL GROUP 401(K) PSP is 213

In 2022, the average participant retirement account value for ALABAMA MEDICAL GROUP 401(K) PSP is $82,056

In 2022, the estimated average employee contribution amount per participant for ALABAMA MEDICAL GROUP 401(K) PSP is $3,399

In 2022, the estimated average employer match for an employee in ALABAMA MEDICAL GROUP 401(K) PSP is approximately $1,787

In 2022, ALABAMA MEDICAL GROUP 401(K) PSP allocates $380,745 to match its employees’ contributions, providing an employer match rate of 52.59% of their contributions

In 2022, the total retirement plan asset growth rate of ALABAMA MEDICAL GROUP 401(K) PSP is -11.64%

In 2022, the estimated aggregate retirement account investment gain/loss for ALABAMA MEDICAL GROUP 401(K) PSP is -15.46%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ALABAMA MEDICAL GROUP 401(K) PSP is 0.57%.

Enrollment Features

ALABAMA MEDICAL GROUP 401(K) PSP has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.