HARTFORD HEALTHCARE 401(K) RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of HARTFORD HEALTHCARE 401(K) RETIREMENT SAVINGS PLAN is $87,991,340.This plan was established in 2011.

At the end of 2022, the total number of retirement plan participants in HARTFORD HEALTHCARE 401(K) RETIREMENT SAVINGS PLAN is 2928

In 2022, the average participant retirement account value for HARTFORD HEALTHCARE 401(K) RETIREMENT SAVINGS PLAN is $30,051

In 2022, the estimated average employee contribution amount per participant for HARTFORD HEALTHCARE 401(K) RETIREMENT SAVINGS PLAN is $2,877

In 2022, the estimated average employer match for an employee in HARTFORD HEALTHCARE 401(K) RETIREMENT SAVINGS PLAN is approximately $1,092

In 2022, HARTFORD HEALTHCARE 401(K) RETIREMENT SAVINGS PLAN allocates $3,198,240 to match its employees’ contributions, providing an employer match rate of 37.63% of their contributions

In 2022, the total retirement plan asset growth rate of HARTFORD HEALTHCARE 401(K) RETIREMENT SAVINGS PLAN is -11.74%

In 2022, the estimated aggregate retirement account investment gain/loss for HARTFORD HEALTHCARE 401(K) RETIREMENT SAVINGS PLAN is -13.85%. 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 SAVINGS PLAN is 0.22%.

Enrollment Features

HARTFORD HEALTHCARE 401(K) RETIREMENT SAVINGS 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.