FAIRFIELD HEALTHCARE SERVICES PROFIT SHARING PLAN AND TRUST

At the end of 2021, the total retirement plan assets of FAIRFIELD HEALTHCARE SERVICES PROFIT SHARING PLAN AND TRUST is $935,835.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in FAIRFIELD HEALTHCARE SERVICES PROFIT SHARING PLAN AND TRUST is 205

In 2021, the average participant retirement account value for FAIRFIELD HEALTHCARE SERVICES PROFIT SHARING PLAN AND TRUST is $4,565

In 2021, the estimated average employee contribution amount per participant for FAIRFIELD HEALTHCARE SERVICES PROFIT SHARING PLAN AND TRUST is $1,396

In 2021, the estimated average employer match for an employee in FAIRFIELD HEALTHCARE SERVICES PROFIT SHARING PLAN AND TRUST is approximately $269

In 2021, FAIRFIELD HEALTHCARE SERVICES PROFIT SHARING PLAN AND TRUST allocates $55,292 to match its employees’ contributions, providing an employer match rate of 19.31% of their contributions

In 2021, the total retirement plan asset growth rate of FAIRFIELD HEALTHCARE SERVICES PROFIT SHARING PLAN AND TRUST is 45.60%

In 2021, the estimated aggregate retirement account investment gain/loss for FAIRFIELD HEALTHCARE SERVICES PROFIT SHARING PLAN AND TRUST is 10.42%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of FAIRFIELD HEALTHCARE SERVICES PROFIT SHARING PLAN AND TRUST is 2.81%.

Enrollment Features

FAIRFIELD HEALTHCARE SERVICES PROFIT SHARING PLAN AND TRUST 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.