LOWER SHORE CLINIC, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of LOWER SHORE CLINIC, INC. 401(K) PLAN is $3,035,830.This plan was established in 2017.

At the end of 2022, the total number of retirement plan participants in LOWER SHORE CLINIC, INC. 401(K) PLAN is 212

In 2022, the average participant retirement account value for LOWER SHORE CLINIC, INC. 401(K) PLAN is $14,319

In 2022, the estimated average employee contribution amount per participant for LOWER SHORE CLINIC, INC. 401(K) PLAN is $1,871

In 2022, the estimated average employer match for an employee in LOWER SHORE CLINIC, INC. 401(K) PLAN is approximately $1,709

In 2022, LOWER SHORE CLINIC, INC. 401(K) PLAN allocates $362,327 to match its employees’ contributions, providing an employer match rate of 90.67% of their contributions

In 2022, the total retirement plan asset growth rate of LOWER SHORE CLINIC, INC. 401(K) PLAN is -15.98%

In 2022, the estimated aggregate retirement account investment gain/loss for LOWER SHORE CLINIC, INC. 401(K) PLAN is -14.99%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOWER SHORE CLINIC, INC. 401(K) PLAN is 1.20%.

Enrollment Features

LOWER SHORE CLINIC, 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.