MAIN LINE HEALTH, INC. RETIREMENT SAVINGS PLAN
Overview
Plan Contact
- Address: 240 RADNOR CHESTER ROAD, SUITE 200,RADNOR,PA
- Contact person: MICHAEL BUONGIORNO
- Phone: (484) 580-4163
Plan General Information
At the end of 2022, the total retirement plan assets of MAIN LINE HEALTH, INC. RETIREMENT SAVINGS PLAN is $1,231,768,098.This plan was established in 2003.
At the end of 2022, the total number of retirement plan participants in MAIN LINE HEALTH, INC. RETIREMENT SAVINGS PLAN is 17274
In 2022, the average participant retirement account value for MAIN LINE HEALTH, INC. RETIREMENT SAVINGS PLAN is $71,307
In 2022, the estimated average employee contribution amount per participant for MAIN LINE HEALTH, INC. RETIREMENT SAVINGS PLAN is $5,264
In 2022, the estimated average employer match for an employee in MAIN LINE HEALTH, INC. RETIREMENT SAVINGS PLAN is approximately $535
In 2022, MAIN LINE HEALTH, INC. RETIREMENT SAVINGS PLAN allocates $9,251,360 to match its employees’ contributions, providing an employer match rate of 10.40% of their contributions
In 2022, the total retirement plan asset growth rate of MAIN LINE HEALTH, INC. RETIREMENT SAVINGS PLAN is -12.04%
In 2022, the estimated aggregate retirement account investment gain/loss for MAIN LINE HEALTH, INC. RETIREMENT SAVINGS PLAN is -15.62%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of MAIN LINE HEALTH, INC. RETIREMENT SAVINGS PLAN is 0.08%.
Enrollment Features
MAIN LINE HEALTH, INC. RETIREMENT SAVINGS 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.