LA RED HEALTH CENTER, INC 403(B) PLAN

At the end of 2021, the total retirement plan assets of LA RED HEALTH CENTER, INC 403(B) PLAN is $2,548,658.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in LA RED HEALTH CENTER, INC 403(B) PLAN is 190

In 2021, the average participant retirement account value for LA RED HEALTH CENTER, INC 403(B) PLAN is $13,413

In 2021, the estimated average employee contribution amount per participant for LA RED HEALTH CENTER, INC 403(B) PLAN is $1,204

In 2021, the estimated average employer match for an employee in LA RED HEALTH CENTER, INC 403(B) PLAN is approximately $469

In 2021, LA RED HEALTH CENTER, INC 403(B) PLAN allocates $89,282 to match its employees’ contributions, providing an employer match rate of 39.02% of their contributions

In 2021, the total retirement plan asset growth rate of LA RED HEALTH CENTER, INC 403(B) PLAN is 21.63%

In 2021, the estimated aggregate retirement account investment gain/loss for LA RED HEALTH CENTER, INC 403(B) PLAN is 10.99%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of LA RED HEALTH CENTER, INC 403(B) PLAN is 0.96%.

Enrollment Features

LA RED HEALTH CENTER, INC 403(B) 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.