HAWAII MEDICAL SERVICE ASSOCIATION EMPLOYEE THRIFT PLAN
Plan Contact
- Address: 818 KEEAUMOKU ST.,HONOLULU,HI
- Contact person: CANDACE GOO
- Phone: (808) 948-5689
Plan General Information
HAWAII MEDICAL SERVICE ASSOCIATION EMPLOYEE THRIFT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of HAWAII MEDICAL SERVICE ASSOCIATION EMPLOYEE THRIFT PLAN is $433,504,459.00.This plan was established in 1971.
HAWAII MEDICAL SERVICE ASSOCIATION EMPLOYEE THRIFT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in HAWAII MEDICAL SERVICE ASSOCIATION EMPLOYEE THRIFT PLAN is 2128
HAWAII MEDICAL SERVICE ASSOCIATION EMPLOYEE THRIFT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for HAWAII MEDICAL SERVICE ASSOCIATION EMPLOYEE THRIFT PLAN is $203,714.00
HAWAII MEDICAL SERVICE ASSOCIATION EMPLOYEE THRIFT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for HAWAII MEDICAL SERVICE ASSOCIATION EMPLOYEE THRIFT PLAN is $4,809.00.
HAWAII MEDICAL SERVICE ASSOCIATION EMPLOYEE THRIFT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in HAWAII MEDICAL SERVICE ASSOCIATION EMPLOYEE THRIFT PLAN is approximately $2,773.00
Investing in this additonal $2,773.00 for 20 years would give you extra $177,493.00, assuming a 10% annual return.
Investing in this additonal $2,773.00 for 20 years would give you extra $177,493.00, assuming a 10% annual return.
HAWAII MEDICAL SERVICE ASSOCIATION EMPLOYEE THRIFT PLAN Total Employer Contribution and Match Rate
In 2023, HAWAII MEDICAL SERVICE ASSOCIATION EMPLOYEE THRIFT PLAN allocates $5,901,657.00 to match its employees' contributions, providing an employer match rate of 54.70% of their contributions
HAWAII MEDICAL SERVICE ASSOCIATION EMPLOYEE THRIFT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of HAWAII MEDICAL SERVICE ASSOCIATION EMPLOYEE THRIFT PLAN is 13.53%.
HAWAII MEDICAL SERVICE ASSOCIATION EMPLOYEE THRIFT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for HAWAII MEDICAL SERVICE ASSOCIATION EMPLOYEE THRIFT PLAN is 18.14%. This measures the effectiveness of the plan participants' investments in the year.
HAWAII MEDICAL SERVICE ASSOCIATION EMPLOYEE THRIFT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of HAWAII MEDICAL SERVICE ASSOCIATION EMPLOYEE THRIFT PLAN is 0.06%.
Enrollment Features
HAWAII MEDICAL SERVICE ASSOCIATION EMPLOYEE THRIFT 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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