LOW COUNTRY HEALTH CARE SYSTEM 403B MATCHING RETIREMENT PLAN

Overview

Plan Contact

  • Address: P O BOX 990,FAIRFAX,SC
  • Contact person: DARAINEY HUDSON
  • Phone: (803) 632-2533

Plan General Information


At the end of 2022, the total retirement plan assets of LOW COUNTRY HEALTH CARE SYSTEM 403B MATCHING RETIREMENT PLAN is $7,087,013.This plan was established in 2001.

At the end of 2022, the total number of retirement plan participants in LOW COUNTRY HEALTH CARE SYSTEM 403B MATCHING RETIREMENT PLAN is 249

In 2022, the average participant retirement account value for LOW COUNTRY HEALTH CARE SYSTEM 403B MATCHING RETIREMENT PLAN is $28,461

In 2022, the estimated average employee contribution amount per participant for LOW COUNTRY HEALTH CARE SYSTEM 403B MATCHING RETIREMENT PLAN is $2,355

In 2022, the estimated average employer match for an employee in LOW COUNTRY HEALTH CARE SYSTEM 403B MATCHING RETIREMENT PLAN is approximately $1,308

In 2022, LOW COUNTRY HEALTH CARE SYSTEM 403B MATCHING RETIREMENT PLAN allocates $325,718 to match its employees’ contributions, providing an employer match rate of 58.34% of their contributions

In 2022, the total retirement plan asset growth rate of LOW COUNTRY HEALTH CARE SYSTEM 403B MATCHING RETIREMENT PLAN is -10.36%

In 2022, the estimated aggregate retirement account investment gain/loss for LOW COUNTRY HEALTH CARE SYSTEM 403B MATCHING RETIREMENT PLAN is -15.78%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOW COUNTRY HEALTH CARE SYSTEM 403B MATCHING RETIREMENT PLAN is 0.87%.

Enrollment Features

LOW COUNTRY HEALTH CARE SYSTEM 403B MATCHING RETIREMENT 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.