LONG-TERM CARE PARTNERS 401(K) PLAN
Overview
Plan Contact
- Address: 100 ARBORETUM DRIVE,PORTSMOUTH,NH
- Contact person: MELISSA MCLAUGHLIN
- Phone: (603) 433-4544
Plan General Information
At the end of 2022, the total retirement plan assets of LONG-TERM CARE PARTNERS 401(K) PLAN is $43,473,898.This plan was established in 2002.
At the end of 2022, the total number of retirement plan participants in LONG-TERM CARE PARTNERS 401(K) PLAN is 487
In 2022, the average participant retirement account value for LONG-TERM CARE PARTNERS 401(K) PLAN is $89,268
In 2022, the estimated average employee contribution amount per participant for LONG-TERM CARE PARTNERS 401(K) PLAN is $5,470
In 2022, the estimated average employer match for an employee in LONG-TERM CARE PARTNERS 401(K) PLAN is approximately $3,626
In 2022, LONG-TERM CARE PARTNERS 401(K) PLAN allocates $1,766,097 to match its employees’ contributions, providing an employer match rate of 65.62% of their contributions
In 2022, the total retirement plan asset growth rate of LONG-TERM CARE PARTNERS 401(K) PLAN is -12.06%
In 2022, the estimated aggregate retirement account investment gain/loss for LONG-TERM CARE PARTNERS 401(K) PLAN is -17.64%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LONG-TERM CARE PARTNERS 401(K) PLAN is 0.04%.
Enrollment Features
LONG-TERM CARE PARTNERS 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.