LONG TERM CARE GROUP, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of LONG TERM CARE GROUP, INC. 401(K) PLAN is $77,570,167.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in LONG TERM CARE GROUP, INC. 401(K) PLAN is 2121

In 2022, the average participant retirement account value for LONG TERM CARE GROUP, INC. 401(K) PLAN is $36,572

In 2022, the estimated average employee contribution amount per participant for LONG TERM CARE GROUP, INC. 401(K) PLAN is $3,498

In 2022, the estimated average employer match for an employee in LONG TERM CARE GROUP, INC. 401(K) PLAN is approximately $1,027

In 2022, LONG TERM CARE GROUP, INC. 401(K) PLAN allocates $2,178,639 to match its employees’ contributions, providing an employer match rate of 31.22% of their contributions

In 2022, the total retirement plan asset growth rate of LONG TERM CARE GROUP, INC. 401(K) PLAN is -15.98%

In 2022, the estimated aggregate retirement account investment gain/loss for LONG TERM CARE GROUP, INC. 401(K) PLAN is -16.32%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LONG TERM CARE GROUP, INC. 401(K) PLAN is 0.46%.

Enrollment Features

LONG TERM CARE GROUP, INC. 401(K) 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.