MCLEOD ADDICTIVE DISEASE CENTER, INC. 401(K) PLAN

Plan Contact

  • Address: 500 ARCHDALE DRIVE,CHARLOTTE,NC
  • Contact person: CHRISTINE ZAZZARO
  • Phone: (704) 332-9001

Plan General Information

MCLEOD ADDICTIVE DISEASE CENTER, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MCLEOD ADDICTIVE DISEASE CENTER, INC. 401(K) PLAN is $2,955,030.00.This plan was established in 1982.

MCLEOD ADDICTIVE DISEASE CENTER, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MCLEOD ADDICTIVE DISEASE CENTER, INC. 401(K) PLAN is 239

MCLEOD ADDICTIVE DISEASE CENTER, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MCLEOD ADDICTIVE DISEASE CENTER, INC. 401(K) PLAN is $12,364.00

MCLEOD ADDICTIVE DISEASE CENTER, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MCLEOD ADDICTIVE DISEASE CENTER, INC. 401(K) PLAN is $1,549.00.

MCLEOD ADDICTIVE DISEASE CENTER, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MCLEOD ADDICTIVE DISEASE CENTER, INC. 401(K) PLAN is approximately $530.00
Investing in this additonal $530.00 for 20 years would give you extra $33,936.00, assuming a 10% annual return.

MCLEOD ADDICTIVE DISEASE CENTER, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, MCLEOD ADDICTIVE DISEASE CENTER, INC. 401(K) PLAN allocates $126,733.00 to match its employees' contributions, providing an employer match rate of 68.46% of their contributions

MCLEOD ADDICTIVE DISEASE CENTER, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MCLEOD ADDICTIVE DISEASE CENTER, INC. 401(K) PLAN is 18.61%.

MCLEOD ADDICTIVE DISEASE CENTER, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MCLEOD ADDICTIVE DISEASE CENTER, INC. 401(K) PLAN is 10.80%. This measures the effectiveness of the plan participants' investments in the year.

MCLEOD ADDICTIVE DISEASE CENTER, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MCLEOD ADDICTIVE DISEASE CENTER, INC. 401(K) PLAN is 0.94%.

Enrollment Features

MCLEOD ADDICTIVE DISEASE CENTER, INC. 401(K) 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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