HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS PLAN

Plan Contact

  • Address: 60 HOSPITAL ROAD,LEOMINSTER,MA
  • Contact person: STEVEN MCCUE
  • Phone: (978) 466-4748

Plan General Information

HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS PLAN is $110,981,257.00.This plan was established in 1990.

HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS PLAN is 2049

HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS PLAN is $54,163.00

HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS PLAN is $2,100.00.

HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS PLAN is approximately $648.00
Investing in this additonal $648.00 for 20 years would give you extra $41,505.00, assuming a 10% annual return.

HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS PLAN allocates $1,328,833.00 to match its employees' contributions, providing an employer match rate of 30.89% of their contributions

HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS PLAN is 8.82%.

HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS PLAN is 16.47%. This measures the effectiveness of the plan participants' investments in the year.

HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS PLAN is 0.09%.

Enrollment Features

HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS 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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