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.