LAKELAND REGIONAL MEDICAL CENTER 403(B) PLAN

At the end of 2022, the total retirement plan assets of LAKELAND REGIONAL MEDICAL CENTER 403(B) PLAN is $300,393,265.This plan was established in 2008.

At the end of 2022, the total number of retirement plan participants in LAKELAND REGIONAL MEDICAL CENTER 403(B) PLAN is 7474

In 2022, the average participant retirement account value for LAKELAND REGIONAL MEDICAL CENTER 403(B) PLAN is $40,191

In 2022, the estimated average employee contribution amount per participant for LAKELAND REGIONAL MEDICAL CENTER 403(B) PLAN is $5,025

In 2022, the estimated average employer match for an employee in LAKELAND REGIONAL MEDICAL CENTER 403(B) PLAN is approximately $1,208

In 2022, LAKELAND REGIONAL MEDICAL CENTER 403(B) PLAN allocates $9,035,741 to match its employees’ contributions, providing an employer match rate of 24.74% of their contributions

In 2022, the total retirement plan asset growth rate of LAKELAND REGIONAL MEDICAL CENTER 403(B) PLAN is -7.19%

In 2022, the estimated aggregate retirement account investment gain/loss for LAKELAND REGIONAL MEDICAL CENTER 403(B) PLAN is -14.72%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LAKELAND REGIONAL MEDICAL CENTER 403(B) PLAN is 0.13%.

Enrollment Features

LAKELAND REGIONAL MEDICAL CENTER 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.