AUSTIN MEDICAL CENTER 403B PLAN

Overview

Plan Contact

  • Address: 1000 FIRST DRIVE NW,AUSTIN,MN
  • Contact person: WILLIAM BROWN
  • Phone: (507) 437-4551

Plan General Information


At the end of 2022, the total retirement plan assets of AUSTIN MEDICAL CENTER 403B PLAN is $1,913,243.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in AUSTIN MEDICAL CENTER 403B PLAN is 154

In 2022, the average participant retirement account value for AUSTIN MEDICAL CENTER 403B PLAN is $12,423

In 2022, the estimated average employee contribution amount per participant for AUSTIN MEDICAL CENTER 403B PLAN is $334

In 2022, the estimated average employer match for an employee in AUSTIN MEDICAL CENTER 403B PLAN is approximately $98

In 2022, AUSTIN MEDICAL CENTER 403B PLAN allocates $15,170 to match its employees’ contributions, providing an employer match rate of 31.45% of their contributions

In 2022, the total retirement plan asset growth rate of AUSTIN MEDICAL CENTER 403B PLAN is -21.11%

In 2022, the estimated aggregate retirement account investment gain/loss for AUSTIN MEDICAL CENTER 403B PLAN is -18.09%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AUSTIN MEDICAL CENTER 403B PLAN is 0.18%.

Enrollment Features

AUSTIN MEDICAL CENTER 403B 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.