PHYSICIANS 401(K) SOLUTIONS

Overview

Plan Contact

  • Address: 300 AVENUE OF THE CHAMPIONS,,PALM BEACH GARDENS,FL
  • Phone: (561) 775-0887

Plan General Information


At the end of 2022, the total retirement plan assets of PHYSICIANS 401(K) SOLUTIONS is $12,241,753.This plan was established in 2021.

At the end of 2022, the total number of retirement plan participants in PHYSICIANS 401(K) SOLUTIONS is 248

In 2022, the average participant retirement account value for PHYSICIANS 401(K) SOLUTIONS is $49,361

In 2022, the estimated average employee contribution amount per participant for PHYSICIANS 401(K) SOLUTIONS is $9,627

In 2022, the estimated average employer match for an employee in PHYSICIANS 401(K) SOLUTIONS is approximately $2,293

In 2022, PHYSICIANS 401(K) SOLUTIONS allocates $568,910 to match its employees’ contributions, providing an employer match rate of 47.66% of their contributions

In 2022, the total retirement plan asset growth rate of PHYSICIANS 401(K) SOLUTIONS is -22.57%

In 2022, the estimated aggregate retirement account investment gain/loss for PHYSICIANS 401(K) SOLUTIONS is -17.82%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of PHYSICIANS 401(K) SOLUTIONS is 0.89%.

Enrollment Features

PHYSICIANS 401(K) SOLUTIONS has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.