HOWARD COUNTY GENERAL HOSPITAL, INC. 401(K) PLAN

Plan Contact

  • Address: 5755 CEDAR LANE,COLUMBIA,MD
  • Contact person: CLARO PIO RODA
  • Phone: (410) 740-7815

Plan General Information

HOWARD COUNTY GENERAL HOSPITAL, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of HOWARD COUNTY GENERAL HOSPITAL, INC. 401(K) PLAN is $172,934,020.00.This plan was established in 1984.

HOWARD COUNTY GENERAL HOSPITAL, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in HOWARD COUNTY GENERAL HOSPITAL, INC. 401(K) PLAN is 2946

HOWARD COUNTY GENERAL HOSPITAL, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for HOWARD COUNTY GENERAL HOSPITAL, INC. 401(K) PLAN is $58,701.00

HOWARD COUNTY GENERAL HOSPITAL, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for HOWARD COUNTY GENERAL HOSPITAL, INC. 401(K) PLAN is $3,429.00.

HOWARD COUNTY GENERAL HOSPITAL, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in HOWARD COUNTY GENERAL HOSPITAL, INC. 401(K) PLAN is approximately $1,612.00
Investing in this additonal $1,612.00 for 20 years would give you extra $103,224.00, assuming a 10% annual return.

HOWARD COUNTY GENERAL HOSPITAL, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, HOWARD COUNTY GENERAL HOSPITAL, INC. 401(K) PLAN allocates $4,751,530.00 to match its employees' contributions, providing an employer match rate of 49.87% of their contributions

HOWARD COUNTY GENERAL HOSPITAL, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of HOWARD COUNTY GENERAL HOSPITAL, INC. 401(K) PLAN is 12.54%.

HOWARD COUNTY GENERAL HOSPITAL, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for HOWARD COUNTY GENERAL HOSPITAL, INC. 401(K) PLAN is 14.17%. This measures the effectiveness of the plan participants' investments in the year.

HOWARD COUNTY GENERAL HOSPITAL, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of HOWARD COUNTY GENERAL HOSPITAL, INC. 401(K) PLAN is 0.10%.

Enrollment Features

HOWARD COUNTY GENERAL HOSPITAL, 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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