BTAMC 403(B) RETIREMENT PLAN

Plan Contact

  • Address: 4133 MEDICAL CENTER DRIVE,,BROAD TOP,PA
  • Contact person: LISA BENNETT
  • Phone: (814) 635-7351

Plan General Information

BTAMC 403(B) RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of BTAMC 403(B) RETIREMENT PLAN is $1,899,747.00.This plan was established in 2019.

BTAMC 403(B) RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in BTAMC 403(B) RETIREMENT PLAN is 151

BTAMC 403(B) RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for BTAMC 403(B) RETIREMENT PLAN is $12,581.00

BTAMC 403(B) RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for BTAMC 403(B) RETIREMENT PLAN is $3,931.00.

BTAMC 403(B) RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in BTAMC 403(B) RETIREMENT PLAN is approximately $807.00
Investing in this additonal $807.00 for 20 years would give you extra $51,665.00, assuming a 10% annual return.

BTAMC 403(B) RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, BTAMC 403(B) RETIREMENT PLAN allocates $121,899.00 to match its employees' contributions, providing an employer match rate of 41.06% of their contributions

BTAMC 403(B) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of BTAMC 403(B) RETIREMENT PLAN is 24.11%.

BTAMC 403(B) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for BTAMC 403(B) RETIREMENT PLAN is -6.26%. This measures the effectiveness of the plan participants' investments in the year.

BTAMC 403(B) RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of BTAMC 403(B) RETIREMENT PLAN is 1.16%.

Enrollment Features

BTAMC 403(B) RETIREMENT 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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