LUMINIS HEALTH RETIREMENT PLAN (EMPLOYER CONTRIBUTIONS)

Plan Contact

  • Address: 1997 ANNAPOLIS EXCHANGE PKWY SUITE,ANNAPOLIS,MD
  • Contact person: CAROLE BRAITHWAITE
  • Phone: (443) 481-1962

Plan General Information

LUMINIS HEALTH RETIREMENT PLAN (EMPLOYER CONTRIBUTIONS) Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of LUMINIS HEALTH RETIREMENT PLAN (EMPLOYER CONTRIBUTIONS) is $102,201,604.00.This plan was established in 1983.

LUMINIS HEALTH RETIREMENT PLAN (EMPLOYER CONTRIBUTIONS) Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in LUMINIS HEALTH RETIREMENT PLAN (EMPLOYER CONTRIBUTIONS) is 8619

LUMINIS HEALTH RETIREMENT PLAN (EMPLOYER CONTRIBUTIONS) Average Participant Retirement Account Value

In 2023, the average participant retirement account value for LUMINIS HEALTH RETIREMENT PLAN (EMPLOYER CONTRIBUTIONS) is $11,857.00

LUMINIS HEALTH RETIREMENT PLAN (EMPLOYER CONTRIBUTIONS) Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in LUMINIS HEALTH RETIREMENT PLAN (EMPLOYER CONTRIBUTIONS) is approximately $1,637.00
Investing in this additonal $1,637.00 for 20 years would give you extra $104,829.00, assuming a 10% annual return.

LUMINIS HEALTH RETIREMENT PLAN (EMPLOYER CONTRIBUTIONS) Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of LUMINIS HEALTH RETIREMENT PLAN (EMPLOYER CONTRIBUTIONS) is 24.89%.

LUMINIS HEALTH RETIREMENT PLAN (EMPLOYER CONTRIBUTIONS) Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for LUMINIS HEALTH RETIREMENT PLAN (EMPLOYER CONTRIBUTIONS) is 15.85%. This measures the effectiveness of the plan participants' investments in the year.

LUMINIS HEALTH RETIREMENT PLAN (EMPLOYER CONTRIBUTIONS) Expense Ratio

In 2023, the investment and administrative expense ratio of LUMINIS HEALTH RETIREMENT PLAN (EMPLOYER CONTRIBUTIONS) is 0.16%.

Enrollment Features

LUMINIS HEALTH RETIREMENT PLAN (EMPLOYER CONTRIBUTIONS) 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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