RUSSELL HOSPITAL 403(B) PLAN

At the end of 2022, the total retirement plan assets of RUSSELL HOSPITAL 403(B) PLAN is $18,726,025.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in RUSSELL HOSPITAL 403(B) PLAN is 933

In 2022, the average participant retirement account value for RUSSELL HOSPITAL 403(B) PLAN is $20,070

In 2022, the estimated average employee contribution amount per participant for RUSSELL HOSPITAL 403(B) PLAN is $1,801

In 2022, the estimated average employer match for an employee in RUSSELL HOSPITAL 403(B) PLAN is approximately $382

In 2022, RUSSELL HOSPITAL 403(B) PLAN allocates $356,814 to match its employees’ contributions, providing an employer match rate of 22.47% of their contributions

In 2022, the total retirement plan asset growth rate of RUSSELL HOSPITAL 403(B) PLAN is -19.73%

In 2022, the estimated aggregate retirement account investment gain/loss for RUSSELL HOSPITAL 403(B) PLAN is -15.40%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of RUSSELL HOSPITAL 403(B) PLAN is 0.44%.

Enrollment Features

RUSSELL HOSPITAL 403(B) 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.