HORIZON FAMILY MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT

Plan Contact

  • Address: 410 CANTERBURY RD,,SMITHFIELD,NC
  • Contact person: JOSEPH T. LIVERMAN, JR.
  • Phone: (919) 934-5149

Plan General Information

HORIZON FAMILY MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT Total Retirement Plan Assets

At the end of 2017, the total retirement plan assets of HORIZON FAMILY MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT is $11,604,016.00.This plan was established in 1987.

HORIZON FAMILY MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT Total Number of Retirement Plan Participants

At the end of 2017, the total number of retirement plan participants in HORIZON FAMILY MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT is 140

HORIZON FAMILY MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT Average Participant Retirement Account Value

In 2017, the average participant retirement account value for HORIZON FAMILY MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT is $82,885.00

HORIZON FAMILY MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT Estimated Average Employee Contribution Amount

In 2017, the estimated average employee contribution amount per participant for HORIZON FAMILY MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT is $1,729.00.

HORIZON FAMILY MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT Estimated Average Employer Match

In 2017, the estimated average employer match for an employee in HORIZON FAMILY MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT is approximately $2,105.00
Investing in this additonal $2,105.00 for 20 years would give you extra $134,741.00, assuming a 10% annual return.

HORIZON FAMILY MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT Total Employer Contribution and Match Rate

In 2017, HORIZON FAMILY MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT allocates $294,747.00 to match its employees' contributions, providing an employer match rate of 243.47% of their contributions

HORIZON FAMILY MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT Total Retirement Plan Asset Growth Rate

In 2017, the total retirement plan asset growth rate of HORIZON FAMILY MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT is 17.90%.

HORIZON FAMILY MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT Estimated Aggregate Retirement Account Investment Gain/Loss

In 2017, the estimated aggregate retirement account investment gain/loss for HORIZON FAMILY MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT is 16.99%. This measures the effectiveness of the plan participants' investments in the year.

HORIZON FAMILY MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT Expense Ratio

In 2017, the investment and administrative expense ratio of HORIZON FAMILY MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT is 0.61%.

Enrollment Features

HORIZON FAMILY MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT 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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