FLOYD HEALTHCARE MANAGEMENT, INC. 401(K) RETIREMENT PLAN

Plan Contact

  • Address: 420 E SECOND AVE,,ROME,GA
  • Contact person: CYNTHIA PATTERSON
  • Phone: (706) 509-5770

Plan General Information

FLOYD HEALTHCARE MANAGEMENT, INC. 401(K) RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of FLOYD HEALTHCARE MANAGEMENT, INC. 401(K) RETIREMENT PLAN is $142,907,623.00.This plan was established in 2005.

FLOYD HEALTHCARE MANAGEMENT, INC. 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in FLOYD HEALTHCARE MANAGEMENT, INC. 401(K) RETIREMENT PLAN is 3804

FLOYD HEALTHCARE MANAGEMENT, INC. 401(K) RETIREMENT PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for FLOYD HEALTHCARE MANAGEMENT, INC. 401(K) RETIREMENT PLAN is $37,567.00

FLOYD HEALTHCARE MANAGEMENT, INC. 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for FLOYD HEALTHCARE MANAGEMENT, INC. 401(K) RETIREMENT PLAN is $3,225.00.

FLOYD HEALTHCARE MANAGEMENT, INC. 401(K) RETIREMENT PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in FLOYD HEALTHCARE MANAGEMENT, INC. 401(K) RETIREMENT PLAN is approximately $1,599.00
Investing in this additonal $1,599.00 for 20 years would give you extra $102,356.00, assuming a 10% annual return.

FLOYD HEALTHCARE MANAGEMENT, INC. 401(K) RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2022, FLOYD HEALTHCARE MANAGEMENT, INC. 401(K) RETIREMENT PLAN allocates $6,083,806.00 to match its employees' contributions, providing an employer match rate of 49.27% of their contributions

FLOYD HEALTHCARE MANAGEMENT, INC. 401(K) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of FLOYD HEALTHCARE MANAGEMENT, INC. 401(K) RETIREMENT PLAN is -14.00%.

FLOYD HEALTHCARE MANAGEMENT, INC. 401(K) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for FLOYD HEALTHCARE MANAGEMENT, INC. 401(K) RETIREMENT PLAN is -15.44%. This measures the effectiveness of the plan participants' investments in the year.

FLOYD HEALTHCARE MANAGEMENT, INC. 401(K) RETIREMENT PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of FLOYD HEALTHCARE MANAGEMENT, INC. 401(K) RETIREMENT PLAN is 0.24%.

Enrollment Features

FLOYD HEALTHCARE MANAGEMENT, INC. 401(K) 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.
    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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