BAPTIST HEALTH ENTERPRISES, INC. 401(K) EMPLOYEE RETIREMENT PLAN

Overview

Plan Contact

  • Address: 6855 RED ROAD,,CORAL GABLES,FL
  • Contact person: MATTHEW ARSENAULT
  • Phone: (786) 596-6947

Plan General Information


At the end of 2022, the total retirement plan assets of BAPTIST HEALTH ENTERPRISES, INC. 401(K) EMPLOYEE RETIREMENT PLAN is $136,348,227.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in BAPTIST HEALTH ENTERPRISES, INC. 401(K) EMPLOYEE RETIREMENT PLAN is 5876

In 2022, the average participant retirement account value for BAPTIST HEALTH ENTERPRISES, INC. 401(K) EMPLOYEE RETIREMENT PLAN is $23,204

In 2022, the estimated average employee contribution amount per participant for BAPTIST HEALTH ENTERPRISES, INC. 401(K) EMPLOYEE RETIREMENT PLAN is $1,080

In 2022, the estimated average employer match for an employee in BAPTIST HEALTH ENTERPRISES, INC. 401(K) EMPLOYEE RETIREMENT PLAN is approximately $634

In 2022, BAPTIST HEALTH ENTERPRISES, INC. 401(K) EMPLOYEE RETIREMENT PLAN allocates $3,726,430 to match its employees’ contributions, providing an employer match rate of 57.17% of their contributions

In 2022, the total retirement plan asset growth rate of BAPTIST HEALTH ENTERPRISES, INC. 401(K) EMPLOYEE RETIREMENT PLAN is -16.82%

In 2022, the estimated aggregate retirement account investment gain/loss for BAPTIST HEALTH ENTERPRISES, INC. 401(K) EMPLOYEE RETIREMENT PLAN is -15.57%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of BAPTIST HEALTH ENTERPRISES, INC. 401(K) EMPLOYEE RETIREMENT PLAN is 0.14%.

Enrollment Features

BAPTIST HEALTH ENTERPRISES, INC. 401(K) EMPLOYEE RETIREMENT 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.