TAKECARE INSURANCE COMPANY, INC. SAVINGS & PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: P.O. BOX 6578,TAMUNING,GU
  • Phone: (671) 646-6956

Plan General Information


At the end of 2022, the total retirement plan assets of TAKECARE INSURANCE COMPANY, INC. SAVINGS & PROFIT SHARING PLAN is $17,483,808.This plan was established in 2005.

At the end of 2022, the total number of retirement plan participants in TAKECARE INSURANCE COMPANY, INC. SAVINGS & PROFIT SHARING PLAN is 233

In 2022, the average participant retirement account value for TAKECARE INSURANCE COMPANY, INC. SAVINGS & PROFIT SHARING PLAN is $75,037

In 2022, the estimated average employee contribution amount per participant for TAKECARE INSURANCE COMPANY, INC. SAVINGS & PROFIT SHARING PLAN is $3,080

In 2022, the estimated average employer match for an employee in TAKECARE INSURANCE COMPANY, INC. SAVINGS & PROFIT SHARING PLAN is approximately $1,814

In 2022, TAKECARE INSURANCE COMPANY, INC. SAVINGS & PROFIT SHARING PLAN allocates $422,825 to match its employees’ contributions, providing an employer match rate of 59.54% of their contributions

In 2022, the total retirement plan asset growth rate of TAKECARE INSURANCE COMPANY, INC. SAVINGS & PROFIT SHARING PLAN is -14.84%

In 2022, the estimated aggregate retirement account investment gain/loss for TAKECARE INSURANCE COMPANY, INC. SAVINGS & PROFIT SHARING PLAN is -14.17%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of TAKECARE INSURANCE COMPANY, INC. SAVINGS & PROFIT SHARING PLAN is 0.55%.

Enrollment Features

TAKECARE INSURANCE COMPANY, INC. SAVINGS & PROFIT SHARING PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.