MATULAITIS NURSING HOME, INC. RETIREMENT PLAN

Overview

Plan Contact

  • Address: 10 THURBER ROAD,PUTNAM,CT
  • Contact person: JOHN IOVIENO
  • Phone: (860) 928-7976

Plan General Information


At the end of 2022, the total retirement plan assets of MATULAITIS NURSING HOME, INC. RETIREMENT PLAN is $2,872,496.This plan was established in 1989.

At the end of 2022, the total number of retirement plan participants in MATULAITIS NURSING HOME, INC. RETIREMENT PLAN is 152

In 2022, the average participant retirement account value for MATULAITIS NURSING HOME, INC. RETIREMENT PLAN is $18,898

In 2022, the estimated average employee contribution amount per participant for MATULAITIS NURSING HOME, INC. RETIREMENT PLAN is $1,183

In 2022, the estimated average employer match for an employee in MATULAITIS NURSING HOME, INC. RETIREMENT PLAN is approximately $169

In 2022, MATULAITIS NURSING HOME, INC. RETIREMENT PLAN allocates $25,754 to match its employees’ contributions, providing an employer match rate of 13.07% of their contributions

In 2022, the total retirement plan asset growth rate of MATULAITIS NURSING HOME, INC. RETIREMENT PLAN is -6.69%

In 2022, the estimated aggregate retirement account investment gain/loss for MATULAITIS NURSING HOME, INC. RETIREMENT PLAN is -12.39%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MATULAITIS NURSING HOME, INC. RETIREMENT PLAN is 0.56%.

Enrollment Features

MATULAITIS NURSING HOME, INC. 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.