HANOVER HEALTHCARE PLUS, INC. 401(K) PLAN

Plan Contact

  • Address: 300 HIGHLAND AVENUE,HANOVER,PA
  • Contact person: DONNA MULLER
  • Phone: (717) 316-2264

Plan General Information

HANOVER HEALTHCARE PLUS, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2017, the total number of retirement plan participants in HANOVER HEALTHCARE PLUS, INC. 401(K) PLAN is 1353

HANOVER HEALTHCARE PLUS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2017, the estimated average employee contribution amount per participant for HANOVER HEALTHCARE PLUS, INC. 401(K) PLAN is $1,854.00.

HANOVER HEALTHCARE PLUS, INC. 401(K) PLAN Estimated Average Employer Match

In 2017, the estimated average employer match for an employee in HANOVER HEALTHCARE PLUS, INC. 401(K) PLAN is approximately $586.00
Investing in this additonal $586.00 for 20 years would give you extra $37,545.00, assuming a 10% annual return.

HANOVER HEALTHCARE PLUS, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2017, HANOVER HEALTHCARE PLUS, INC. 401(K) PLAN allocates $793,736.00 to match its employees' contributions, providing an employer match rate of 63.25% of their contributions

Enrollment Features

HANOVER HEALTHCARE PLUS, INC. 401(K) 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.


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