FAIRHOPE HOSPICE & PALLIATIVE CARE, INC. PROFIT SHARING & 401(K) PLAN

At the end of 2022, the total retirement plan assets of FAIRHOPE HOSPICE & PALLIATIVE CARE, INC. PROFIT SHARING & 401(K) PLAN is $3,299,144.This plan was established in 2000.

At the end of 2022, the total number of retirement plan participants in FAIRHOPE HOSPICE & PALLIATIVE CARE, INC. PROFIT SHARING & 401(K) PLAN is 136

In 2022, the average participant retirement account value for FAIRHOPE HOSPICE & PALLIATIVE CARE, INC. PROFIT SHARING & 401(K) PLAN is $24,258

In 2022, the estimated average employee contribution amount per participant for FAIRHOPE HOSPICE & PALLIATIVE CARE, INC. PROFIT SHARING & 401(K) PLAN is $2,069

In 2022, the estimated average employer match for an employee in FAIRHOPE HOSPICE & PALLIATIVE CARE, INC. PROFIT SHARING & 401(K) PLAN is approximately $950

In 2022, FAIRHOPE HOSPICE & PALLIATIVE CARE, INC. PROFIT SHARING & 401(K) PLAN allocates $129,335 to match its employees’ contributions, providing an employer match rate of 44.96% of their contributions

In 2022, the total retirement plan asset growth rate of FAIRHOPE HOSPICE & PALLIATIVE CARE, INC. PROFIT SHARING & 401(K) PLAN is -22.77%

In 2022, the estimated aggregate retirement account investment gain/loss for FAIRHOPE HOSPICE & PALLIATIVE CARE, INC. PROFIT SHARING & 401(K) PLAN is -16.79%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of FAIRHOPE HOSPICE & PALLIATIVE CARE, INC. PROFIT SHARING & 401(K) PLAN is 0.94%.

Enrollment Features

FAIRHOPE HOSPICE & PALLIATIVE CARE, INC. PROFIT SHARING & 401(K) 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.