LONG ISLAND PLASTIC SURGICAL GROUP, P.C. 401(K) SAVINGS PLAN

Overview

Plan Contact

  • Address: 999 FRANKLIN AVENUE,GARDEN CITY,NY
  • Contact person: BARRY K DOUGLAS
  • Phone: (516) 742-3404

Plan General Information


At the end of 2022, the total retirement plan assets of LONG ISLAND PLASTIC SURGICAL GROUP, P.C. 401(K) SAVINGS PLAN is $28,126,400.This plan was established in 1989.

At the end of 2022, the total number of retirement plan participants in LONG ISLAND PLASTIC SURGICAL GROUP, P.C. 401(K) SAVINGS PLAN is 326

In 2022, the average participant retirement account value for LONG ISLAND PLASTIC SURGICAL GROUP, P.C. 401(K) SAVINGS PLAN is $86,277

In 2022, the estimated average employee contribution amount per participant for LONG ISLAND PLASTIC SURGICAL GROUP, P.C. 401(K) SAVINGS PLAN is $4,842

In 2022, the estimated average employer match for an employee in LONG ISLAND PLASTIC SURGICAL GROUP, P.C. 401(K) SAVINGS PLAN is approximately $2,304

In 2022, LONG ISLAND PLASTIC SURGICAL GROUP, P.C. 401(K) SAVINGS PLAN allocates $751,187 to match its employees’ contributions, providing an employer match rate of 51.03% of their contributions

In 2022, the total retirement plan asset growth rate of LONG ISLAND PLASTIC SURGICAL GROUP, P.C. 401(K) SAVINGS PLAN is -18.45%

In 2022, the estimated aggregate retirement account investment gain/loss for LONG ISLAND PLASTIC SURGICAL GROUP, P.C. 401(K) SAVINGS PLAN is -19.53%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LONG ISLAND PLASTIC SURGICAL GROUP, P.C. 401(K) SAVINGS PLAN is 0.06%.

Enrollment Features

LONG ISLAND PLASTIC SURGICAL GROUP, P.C. 401(K) SAVINGS 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.