LOUISIANA CHILDREN’S MEDICAL CENTER RETIREMENT AND SAVINGS PLAN

At the end of 2022, the total retirement plan assets of LOUISIANA CHILDREN’S MEDICAL CENTER RETIREMENT AND SAVINGS PLAN is $716,316,398.This plan was established in 2016.

At the end of 2022, the total number of retirement plan participants in LOUISIANA CHILDREN’S MEDICAL CENTER RETIREMENT AND SAVINGS PLAN is 21073

In 2022, the average participant retirement account value for LOUISIANA CHILDREN’S MEDICAL CENTER RETIREMENT AND SAVINGS PLAN is $33,992

In 2022, the estimated average employee contribution amount per participant for LOUISIANA CHILDREN’S MEDICAL CENTER RETIREMENT AND SAVINGS PLAN is $2,471

In 2022, the estimated average employer match for an employee in LOUISIANA CHILDREN’S MEDICAL CENTER RETIREMENT AND SAVINGS PLAN is approximately $1,070

In 2022, LOUISIANA CHILDREN’S MEDICAL CENTER RETIREMENT AND SAVINGS PLAN allocates $22,560,575 to match its employees’ contributions, providing an employer match rate of 49.51% of their contributions

In 2022, the total retirement plan asset growth rate of LOUISIANA CHILDREN’S MEDICAL CENTER RETIREMENT AND SAVINGS PLAN is -12.66%

In 2022, the estimated aggregate retirement account investment gain/loss for LOUISIANA CHILDREN’S MEDICAL CENTER RETIREMENT AND SAVINGS PLAN is -15.58%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOUISIANA CHILDREN’S MEDICAL CENTER RETIREMENT AND SAVINGS PLAN is 0.15%.

Enrollment Features

LOUISIANA CHILDREN’S MEDICAL CENTER RETIREMENT AND 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.