SANTAFE HEALTHCARE, INC. 401(K) RETIREMENT SAVINGS PLAN

Overview

Plan Contact

  • Address: 4300 NORTHWEST 89TH BLVD,GAINESVILLE,FL
  • Contact person: GLYNDA HAILEY
  • Phone: (352) 372-8400

Plan General Information


At the end of 2022, the total retirement plan assets of SANTAFE HEALTHCARE, INC. 401(K) RETIREMENT SAVINGS PLAN is $105,225,300.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in SANTAFE HEALTHCARE, INC. 401(K) RETIREMENT SAVINGS PLAN is 1779

In 2022, the average participant retirement account value for SANTAFE HEALTHCARE, INC. 401(K) RETIREMENT SAVINGS PLAN is $59,148

In 2022, the estimated average employee contribution amount per participant for SANTAFE HEALTHCARE, INC. 401(K) RETIREMENT SAVINGS PLAN is $2,598

In 2022, the estimated average employer match for an employee in SANTAFE HEALTHCARE, INC. 401(K) RETIREMENT SAVINGS PLAN is approximately $1,180

In 2022, SANTAFE HEALTHCARE, INC. 401(K) RETIREMENT SAVINGS PLAN allocates $2,099,917 to match its employees’ contributions, providing an employer match rate of 44.56% of their contributions

In 2022, the total retirement plan asset growth rate of SANTAFE HEALTHCARE, INC. 401(K) RETIREMENT SAVINGS PLAN is -18.91%

In 2022, the estimated aggregate retirement account investment gain/loss for SANTAFE HEALTHCARE, INC. 401(K) RETIREMENT SAVINGS PLAN is -15.70%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of SANTAFE HEALTHCARE, INC. 401(K) RETIREMENT SAVINGS PLAN is 0.13%.

Enrollment Features

SANTAFE HEALTHCARE, INC. 401(K) 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.