GAYLORD HOSPITAL, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: P.O. BOX 400,,WALLINGFORD,CT
  • Contact person: MITCH PODOB
  • Phone: (203) 284-2834

Plan General Information


At the end of 2022, the total retirement plan assets of GAYLORD HOSPITAL, INC. 401(K) PLAN is $35,924,159.This plan was established in 2005.

At the end of 2022, the total number of retirement plan participants in GAYLORD HOSPITAL, INC. 401(K) PLAN is 1054

In 2022, the average participant retirement account value for GAYLORD HOSPITAL, INC. 401(K) PLAN is $34,083

In 2022, the estimated average employee contribution amount per participant for GAYLORD HOSPITAL, INC. 401(K) PLAN is $2,648

In 2022, the estimated average employer match for an employee in GAYLORD HOSPITAL, INC. 401(K) PLAN is approximately $692

In 2022, GAYLORD HOSPITAL, INC. 401(K) PLAN allocates $730,055 to match its employees’ contributions, providing an employer match rate of 26.50% of their contributions

In 2022, the total retirement plan asset growth rate of GAYLORD HOSPITAL, INC. 401(K) PLAN is -14.40%

In 2022, the estimated aggregate retirement account investment gain/loss for GAYLORD HOSPITAL, INC. 401(K) PLAN is -18.02%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of GAYLORD HOSPITAL, INC. 401(K) PLAN is 0.30%.

Enrollment Features

GAYLORD HOSPITAL, INC. 401(K) 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.