MEDICAL CARD SYSTEM RETIREMENT PLAN

Plan Contact

  • Contact person: DAVID SCHAFFER
  • Phone: (787) 758-2500

Plan General Information

MEDICAL CARD SYSTEM RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2006, the total retirement plan assets of MEDICAL CARD SYSTEM RETIREMENT PLAN is $4,605,259.00.This plan was established in 2001.

MEDICAL CARD SYSTEM RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2006, the total number of retirement plan participants in MEDICAL CARD SYSTEM RETIREMENT PLAN is 619

MEDICAL CARD SYSTEM RETIREMENT PLAN Average Participant Retirement Account Value

In 2006, the average participant retirement account value for MEDICAL CARD SYSTEM RETIREMENT PLAN is $7,439.00

MEDICAL CARD SYSTEM RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2006, the estimated average employee contribution amount per participant for MEDICAL CARD SYSTEM RETIREMENT PLAN is $2,358.00.

MEDICAL CARD SYSTEM RETIREMENT PLAN Estimated Average Employer Match

In 2006, the estimated average employer match for an employee in MEDICAL CARD SYSTEM RETIREMENT PLAN is approximately $482.00
Investing in this additonal $482.00 for 20 years would give you extra $30,885.00, assuming a 10% annual return.

MEDICAL CARD SYSTEM RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2006, MEDICAL CARD SYSTEM RETIREMENT PLAN allocates $298,716.00 to match its employees' contributions, providing an employer match rate of 40.93% of their contributions

MEDICAL CARD SYSTEM RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2006, the total retirement plan asset growth rate of MEDICAL CARD SYSTEM RETIREMENT PLAN is 27.80%.

MEDICAL CARD SYSTEM RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2006, the estimated aggregate retirement account investment gain/loss for MEDICAL CARD SYSTEM RETIREMENT PLAN is 10.90%. This measures the effectiveness of the plan participants' investments in the year.

MEDICAL CARD SYSTEM RETIREMENT PLAN Expense Ratio

In 2006, the investment and administrative expense ratio of MEDICAL CARD SYSTEM RETIREMENT PLAN is 0.76%.

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