AMERICAN CARE INC. EMPLOYEE RETIREMENT SAVINGS PLAN

Plan Contact

  • Address: 12171 SW 268TH STREET,HOMESTEAD,FL
  • Contact person: AILEEN FUNDORA
  • Phone: (305) 278-0200

Plan General Information

AMERICAN CARE INC. EMPLOYEE RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of AMERICAN CARE INC. EMPLOYEE RETIREMENT SAVINGS PLAN is $5,794,532.00.This plan was established in 2015.

AMERICAN CARE INC. EMPLOYEE RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in AMERICAN CARE INC. EMPLOYEE RETIREMENT SAVINGS PLAN is 602

AMERICAN CARE INC. EMPLOYEE RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for AMERICAN CARE INC. EMPLOYEE RETIREMENT SAVINGS PLAN is $9,625.00

AMERICAN CARE INC. EMPLOYEE RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for AMERICAN CARE INC. EMPLOYEE RETIREMENT SAVINGS PLAN is $1,198.00.

AMERICAN CARE INC. EMPLOYEE RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in AMERICAN CARE INC. EMPLOYEE RETIREMENT SAVINGS PLAN is approximately $599.00
Investing in this additonal $599.00 for 20 years would give you extra $38,357.00, assuming a 10% annual return.

AMERICAN CARE INC. EMPLOYEE RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, AMERICAN CARE INC. EMPLOYEE RETIREMENT SAVINGS PLAN allocates $360,796.00 to match its employees' contributions, providing an employer match rate of 59.74% of their contributions

AMERICAN CARE INC. EMPLOYEE RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of AMERICAN CARE INC. EMPLOYEE RETIREMENT SAVINGS PLAN is 27.38%.

AMERICAN CARE INC. EMPLOYEE RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for AMERICAN CARE INC. EMPLOYEE RETIREMENT SAVINGS PLAN is 17.05%. This measures the effectiveness of the plan participants' investments in the year.

AMERICAN CARE INC. EMPLOYEE RETIREMENT SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of AMERICAN CARE INC. EMPLOYEE RETIREMENT SAVINGS PLAN is 0.72%.

Enrollment Features

AMERICAN CARE INC. EMPLOYEE RETIREMENT SAVINGS 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.


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