NAPHCARE US INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 2090 COLUMBIANA ROAD,,,BIRMINGHAM,AL
  • Contact person: TISHA TIPTON
  • Phone: (205) 536-8400

Plan General Information


At the end of 2022, the total retirement plan assets of NAPHCARE US INC. 401(K) PLAN is $32,222,814.This plan was established in 1998.

At the end of 2022, the total number of retirement plan participants in NAPHCARE US INC. 401(K) PLAN is 2937

In 2022, the average participant retirement account value for NAPHCARE US INC. 401(K) PLAN is $10,971

In 2022, the estimated average employee contribution amount per participant for NAPHCARE US INC. 401(K) PLAN is $2,463

In 2022, the estimated average employer match for an employee in NAPHCARE US INC. 401(K) PLAN is approximately $334

In 2022, NAPHCARE US INC. 401(K) PLAN allocates $983,583 to match its employees’ contributions, providing an employer match rate of 16.86% of their contributions

In 2022, the total retirement plan asset growth rate of NAPHCARE US INC. 401(K) PLAN is -9.55%

In 2022, the estimated aggregate retirement account investment gain/loss for NAPHCARE US INC. 401(K) PLAN is -18.50%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of NAPHCARE US INC. 401(K) PLAN is 0.27%.

Enrollment Features

NAPHCARE US 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.