UTAH GASTROENTEROLOGY, P. C. PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: 6360 SOUTH 3000 EAST,,SALT LAKE CITY,UT
  • Phone: (801) 944-3196

Plan General Information


At the end of 2021, the total retirement plan assets of UTAH GASTROENTEROLOGY, P. C. PROFIT SHARING PLAN is $26,053,832.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in UTAH GASTROENTEROLOGY, P. C. PROFIT SHARING PLAN is 128

In 2021, the average participant retirement account value for UTAH GASTROENTEROLOGY, P. C. PROFIT SHARING PLAN is $203,545

In 2021, the estimated average employee contribution amount per participant for UTAH GASTROENTEROLOGY, P. C. PROFIT SHARING PLAN is $3,240

In 2021, the estimated average employer match for an employee in UTAH GASTROENTEROLOGY, P. C. PROFIT SHARING PLAN is approximately $6,674

In 2021, UTAH GASTROENTEROLOGY, P. C. PROFIT SHARING PLAN allocates $854,319 to match its employees’ contributions, providing an employer match rate of 205.96% of their contributions

In 2021, the total retirement plan asset growth rate of UTAH GASTROENTEROLOGY, P. C. PROFIT SHARING PLAN is 9.09%

In 2021, the estimated aggregate retirement account investment gain/loss for UTAH GASTROENTEROLOGY, P. C. PROFIT SHARING PLAN is 13.83%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of UTAH GASTROENTEROLOGY, P. C. PROFIT SHARING PLAN is 0.45%.

Enrollment Features

UTAH GASTROENTEROLOGY, P. C. PROFIT SHARING 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.
    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.