RUSSELL COUNTY HOSPITAL RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of RUSSELL COUNTY HOSPITAL RETIREMENT SAVINGS PLAN is $11,349,631.This plan was established in 1992.

At the end of 2022, the total number of retirement plan participants in RUSSELL COUNTY HOSPITAL RETIREMENT SAVINGS PLAN is 313

In 2022, the average participant retirement account value for RUSSELL COUNTY HOSPITAL RETIREMENT SAVINGS PLAN is $36,260

In 2022, the estimated average employee contribution amount per participant for RUSSELL COUNTY HOSPITAL RETIREMENT SAVINGS PLAN is $2,995

In 2022, the estimated average employer match for an employee in RUSSELL COUNTY HOSPITAL RETIREMENT SAVINGS PLAN is approximately $900

In 2022, RUSSELL COUNTY HOSPITAL RETIREMENT SAVINGS PLAN allocates $281,963 to match its employees’ contributions, providing an employer match rate of 31.42% of their contributions

In 2022, the total retirement plan asset growth rate of RUSSELL COUNTY HOSPITAL RETIREMENT SAVINGS PLAN is -19.84%

In 2022, the estimated aggregate retirement account investment gain/loss for RUSSELL COUNTY HOSPITAL RETIREMENT SAVINGS PLAN is -15.57%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of RUSSELL COUNTY HOSPITAL RETIREMENT SAVINGS PLAN is 0.96%.

Enrollment Features

RUSSELL COUNTY HOSPITAL 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.