HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREM

Plan Contact

  • Address: 2171 28TH STREET SW,ALLENTOWN,PA
  • Contact person: LORI OFNER
  • Phone: (610) 791-2222

Plan General Information

HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREM Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREM is $3,005,532.00.This plan was established in 1998.

HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREM Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREM is 356

HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREM Average Participant Retirement Account Value

In 2023, the average participant retirement account value for HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREM is $8,442.00

HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREM Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREM is $711.00.

HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREM Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREM is approximately $388.00
Investing in this additonal $388.00 for 20 years would give you extra $24,834.00, assuming a 10% annual return.

HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREM Total Employer Contribution and Match Rate

In 2023, HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREM allocates $138,140.00 to match its employees' contributions, providing an employer match rate of 109.07% of their contributions

HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREM Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREM is 6.02%.

HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREM Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREM is 8.49%. This measures the effectiveness of the plan participants' investments in the year.

HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREM Expense Ratio

In 2023, the investment and administrative expense ratio of HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREM is 0.15%.

Enrollment Features

HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREM 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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