AMERICAN HEALTH CARE ASSOCIATION 401K AND DISCRETIONARY DEFINED CONTRIBUTION PLAN

Overview

Plan Contact

  • Address: 1201 L STREET, N.W.,WASHINGTON,DC
  • Contact person: RAE ANNE DAVIS
  • Phone: (202) 842-4444

Plan General Information


At the end of 2022, the total retirement plan assets of AMERICAN HEALTH CARE ASSOCIATION 401K AND DISCRETIONARY DEFINED CONTRIBUTION PLAN is $27,730,451.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in AMERICAN HEALTH CARE ASSOCIATION 401K AND DISCRETIONARY DEFINED CONTRIBUTION PLAN is 119

In 2022, the average participant retirement account value for AMERICAN HEALTH CARE ASSOCIATION 401K AND DISCRETIONARY DEFINED CONTRIBUTION PLAN is $233,029

In 2022, the estimated average employee contribution amount per participant for AMERICAN HEALTH CARE ASSOCIATION 401K AND DISCRETIONARY DEFINED CONTRIBUTION PLAN is $9,562

In 2022, the estimated average employer match for an employee in AMERICAN HEALTH CARE ASSOCIATION 401K AND DISCRETIONARY DEFINED CONTRIBUTION PLAN is approximately $9,295

In 2022, AMERICAN HEALTH CARE ASSOCIATION 401K AND DISCRETIONARY DEFINED CONTRIBUTION PLAN allocates $1,106,192 to match its employees’ contributions, providing an employer match rate of 98.88% of their contributions

In 2022, the total retirement plan asset growth rate of AMERICAN HEALTH CARE ASSOCIATION 401K AND DISCRETIONARY DEFINED CONTRIBUTION PLAN is -13.46%

In 2022, the estimated aggregate retirement account investment gain/loss for AMERICAN HEALTH CARE ASSOCIATION 401K AND DISCRETIONARY DEFINED CONTRIBUTION PLAN is -15.71%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AMERICAN HEALTH CARE ASSOCIATION 401K AND DISCRETIONARY DEFINED CONTRIBUTION PLAN is 0.28%.

Enrollment Features

AMERICAN HEALTH CARE ASSOCIATION 401K AND DISCRETIONARY DEFINED CONTRIBUTION 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.