AKRON GENERAL HEALTH SYSTEM MATCHED RETIREMENT SAVINGS PLAN

Plan Contact

  • Address: 1 AKRON GENERAL AVENUE,AKRON,OH
  • Contact person: TIMOTHY LONGVILLE
  • Phone: (330) 344-6772

Plan General Information

AKRON GENERAL HEALTH SYSTEM MATCHED RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of AKRON GENERAL HEALTH SYSTEM MATCHED RETIREMENT SAVINGS PLAN is $126,753,380.00.This plan was established in 1991.

AKRON GENERAL HEALTH SYSTEM MATCHED RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in AKRON GENERAL HEALTH SYSTEM MATCHED RETIREMENT SAVINGS PLAN is 1021

AKRON GENERAL HEALTH SYSTEM MATCHED RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for AKRON GENERAL HEALTH SYSTEM MATCHED RETIREMENT SAVINGS PLAN is $124,146.00

AKRON GENERAL HEALTH SYSTEM MATCHED RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for AKRON GENERAL HEALTH SYSTEM MATCHED RETIREMENT SAVINGS PLAN is $7,417.00.

AKRON GENERAL HEALTH SYSTEM MATCHED RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of AKRON GENERAL HEALTH SYSTEM MATCHED RETIREMENT SAVINGS PLAN is 16.51%.

AKRON GENERAL HEALTH SYSTEM MATCHED RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for AKRON GENERAL HEALTH SYSTEM MATCHED RETIREMENT SAVINGS PLAN is 19.82%. This measures the effectiveness of the plan participants' investments in the year.

AKRON GENERAL HEALTH SYSTEM MATCHED RETIREMENT SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of AKRON GENERAL HEALTH SYSTEM MATCHED RETIREMENT SAVINGS PLAN is 0.05%.

Enrollment Features

AKRON GENERAL HEALTH SYSTEM MATCHED 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.
    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.

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