LANCASTER GENERAL HEALTH RETIREMENT INCOME 403(B) ACCOUNT
Plan Contact
- Address: 555 NORTH DUKE STREET,LANCASTER,PA
- Contact person: ALEXANDRA JORGENSEN
- Phone: (717) 544-1177
Plan General Information
LANCASTER GENERAL HEALTH RETIREMENT INCOME 403(B) ACCOUNT Total Number of Retirement Plan Participants
At the end of 2020, the total number of retirement plan participants in LANCASTER GENERAL HEALTH RETIREMENT INCOME 403(B) ACCOUNT is 10930
LANCASTER GENERAL HEALTH RETIREMENT INCOME 403(B) ACCOUNT Estimated Average Employee Contribution Amount
In 2020, the estimated average employee contribution amount per participant for LANCASTER GENERAL HEALTH RETIREMENT INCOME 403(B) ACCOUNT is $9,667.00.
LANCASTER GENERAL HEALTH RETIREMENT INCOME 403(B) ACCOUNT Estimated Average Employer Match
In 2020, the estimated average employer match for an employee in LANCASTER GENERAL HEALTH RETIREMENT INCOME 403(B) ACCOUNT is approximately $2,574.00
Investing in this additonal $2,574.00 for 20 years would give you extra $164,771.00, assuming a 10% annual return.
Investing in this additonal $2,574.00 for 20 years would give you extra $164,771.00, assuming a 10% annual return.
LANCASTER GENERAL HEALTH RETIREMENT INCOME 403(B) ACCOUNT Total Employer Contribution and Match Rate
In 2020, LANCASTER GENERAL HEALTH RETIREMENT INCOME 403(B) ACCOUNT allocates $28,139,849.00 to match its employees' contributions, providing an employer match rate of 53.26% of their contributions
Enrollment Features
LANCASTER GENERAL HEALTH RETIREMENT INCOME 403(B) ACCOUNT 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.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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