HARTFORD HEALTHCARE 401(K) RETIREMENT PLAN

Overview

Plan Contact

  • Address: 5 BATTERSON PARK ROAD,FARMINGTON,CT
  • Phone: (860) 696-3500

Plan General Information


At the end of 2022, the total retirement plan assets of HARTFORD HEALTHCARE 401(K) RETIREMENT PLAN is $1,782,723,216.This plan was established in 2010.

At the end of 2022, the total number of retirement plan participants in HARTFORD HEALTHCARE 401(K) RETIREMENT PLAN is 30200

In 2022, the average participant retirement account value for HARTFORD HEALTHCARE 401(K) RETIREMENT PLAN is $59,030

In 2022, the estimated average employee contribution amount per participant for HARTFORD HEALTHCARE 401(K) RETIREMENT PLAN is $5,821

In 2022, the estimated average employer match for an employee in HARTFORD HEALTHCARE 401(K) RETIREMENT PLAN is approximately $4,258

In 2022, HARTFORD HEALTHCARE 401(K) RETIREMENT PLAN allocates $128,597,531 to match its employees’ contributions, providing an employer match rate of 75.91% of their contributions

In 2022, the total retirement plan asset growth rate of HARTFORD HEALTHCARE 401(K) RETIREMENT PLAN is -4.81%

In 2022, the estimated aggregate retirement account investment gain/loss for HARTFORD HEALTHCARE 401(K) RETIREMENT PLAN is -15.08%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of HARTFORD HEALTHCARE 401(K) RETIREMENT PLAN is 0.13%.

Enrollment Features

HARTFORD HEALTHCARE 401(K) 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.