MEADOWBROOK NURSING HOME 401(K) PLAN

Plan Contact

  • Address: 154 PROSPECT AVENUE,PLATTSBURGH,NY
  • Contact person: SHLOMO LEVI
  • Phone: (518) 563-5440

Plan General Information

MEADOWBROOK NURSING HOME 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MEADOWBROOK NURSING HOME 401(K) PLAN is $14,550,532.00.This plan was established in 1995.

MEADOWBROOK NURSING HOME 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MEADOWBROOK NURSING HOME 401(K) PLAN is 323

MEADOWBROOK NURSING HOME 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MEADOWBROOK NURSING HOME 401(K) PLAN is $45,048.00

MEADOWBROOK NURSING HOME 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MEADOWBROOK NURSING HOME 401(K) PLAN is $1,911.00.

MEADOWBROOK NURSING HOME 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MEADOWBROOK NURSING HOME 401(K) PLAN is approximately $314.00
Investing in this additonal $314.00 for 20 years would give you extra $20,146.00, assuming a 10% annual return.

MEADOWBROOK NURSING HOME 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, MEADOWBROOK NURSING HOME 401(K) PLAN allocates $101,678.00 to match its employees' contributions, providing an employer match rate of 15.28% of their contributions

MEADOWBROOK NURSING HOME 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MEADOWBROOK NURSING HOME 401(K) PLAN is 13.55%.

MEADOWBROOK NURSING HOME 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MEADOWBROOK NURSING HOME 401(K) PLAN is 15.63%. This measures the effectiveness of the plan participants' investments in the year.

MEADOWBROOK NURSING HOME 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MEADOWBROOK NURSING HOME 401(K) PLAN is 0.27%.

Enrollment Features

MEADOWBROOK NURSING HOME 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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