LIFELONG MEDICAL CARE RETIREMENT PLAN

Plan Contact

  • Address: 2344 SIXTH STREET,BERKELEY,CA
  • Phone: (510) 981-4122

Plan General Information

LIFELONG MEDICAL CARE RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2020, the total retirement plan assets of LIFELONG MEDICAL CARE RETIREMENT PLAN is $44,859,247.00.This plan was established in 2006.

LIFELONG MEDICAL CARE RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in LIFELONG MEDICAL CARE RETIREMENT PLAN is 1262

LIFELONG MEDICAL CARE RETIREMENT PLAN Average Participant Retirement Account Value

In 2020, the average participant retirement account value for LIFELONG MEDICAL CARE RETIREMENT PLAN is $35,546.00

LIFELONG MEDICAL CARE RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for LIFELONG MEDICAL CARE RETIREMENT PLAN is $4,548.00.

LIFELONG MEDICAL CARE RETIREMENT PLAN Estimated Average Employer Match

In 2020, the estimated average employer match for an employee in LIFELONG MEDICAL CARE RETIREMENT PLAN is approximately $1,902.00
Investing in this additonal $1,902.00 for 20 years would give you extra $121,767.00, assuming a 10% annual return.

LIFELONG MEDICAL CARE RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2020, LIFELONG MEDICAL CARE RETIREMENT PLAN allocates $2,401,103.00 to match its employees' contributions, providing an employer match rate of 83.65% of their contributions

LIFELONG MEDICAL CARE RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2020, the total retirement plan asset growth rate of LIFELONG MEDICAL CARE RETIREMENT PLAN is 26.39%.

LIFELONG MEDICAL CARE RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2020, the estimated aggregate retirement account investment gain/loss for LIFELONG MEDICAL CARE RETIREMENT PLAN is 16.45%. This measures the effectiveness of the plan participants' investments in the year.

LIFELONG MEDICAL CARE RETIREMENT PLAN Expense Ratio

In 2020, the investment and administrative expense ratio of LIFELONG MEDICAL CARE RETIREMENT PLAN is 0.28%.

Enrollment Features

LIFELONG MEDICAL CARE RETIREMENT PLAN 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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