CITIZENS MEDICAL CENTER, INC. 401(K) AND PENSION TRUST

Plan Contact

  • Address: 100 E COLLEGE DR,COLBY,KS
  • Contact person: AMANDA CADLE
  • Phone: (785) 462-7511

Plan General Information

CITIZENS MEDICAL CENTER, INC. 401(K) AND PENSION TRUST Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of CITIZENS MEDICAL CENTER, INC. 401(K) AND PENSION TRUST is $27,866,871.00.This plan was established in 1982.

CITIZENS MEDICAL CENTER, INC. 401(K) AND PENSION TRUST Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in CITIZENS MEDICAL CENTER, INC. 401(K) AND PENSION TRUST is 520

CITIZENS MEDICAL CENTER, INC. 401(K) AND PENSION TRUST Average Participant Retirement Account Value

In 2023, the average participant retirement account value for CITIZENS MEDICAL CENTER, INC. 401(K) AND PENSION TRUST is $53,590.00

CITIZENS MEDICAL CENTER, INC. 401(K) AND PENSION TRUST Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for CITIZENS MEDICAL CENTER, INC. 401(K) AND PENSION TRUST is $3,468.00.

CITIZENS MEDICAL CENTER, INC. 401(K) AND PENSION TRUST Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in CITIZENS MEDICAL CENTER, INC. 401(K) AND PENSION TRUST is approximately $1,926.00
Investing in this additonal $1,926.00 for 20 years would give you extra $123,304.00, assuming a 10% annual return.

CITIZENS MEDICAL CENTER, INC. 401(K) AND PENSION TRUST Total Employer Contribution and Match Rate

In 2023, CITIZENS MEDICAL CENTER, INC. 401(K) AND PENSION TRUST allocates $1,001,852.00 to match its employees' contributions, providing an employer match rate of 59.56% of their contributions

CITIZENS MEDICAL CENTER, INC. 401(K) AND PENSION TRUST Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of CITIZENS MEDICAL CENTER, INC. 401(K) AND PENSION TRUST is 22.33%.

CITIZENS MEDICAL CENTER, INC. 401(K) AND PENSION TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for CITIZENS MEDICAL CENTER, INC. 401(K) AND PENSION TRUST is 17.50%. This measures the effectiveness of the plan participants' investments in the year.

CITIZENS MEDICAL CENTER, INC. 401(K) AND PENSION TRUST Expense Ratio

In 2023, the investment and administrative expense ratio of CITIZENS MEDICAL CENTER, INC. 401(K) AND PENSION TRUST is 0.26%.

Enrollment Features

CITIZENS MEDICAL CENTER, INC. 401(K) AND PENSION 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.


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