MERITUS MEDICAL CENTER EMPLOYEE'S THRIFT PLAN

Plan Contact

  • Address: 11116 MEDICAL CAMPUS ROAD,HAGERSTOWN,MD
  • Contact person: JOSEPH ROSS
  • Phone: (301) 790-8102

Plan General Information

MERITUS MEDICAL CENTER EMPLOYEE'S THRIFT PLAN Total Retirement Plan Assets

At the end of 2010, the total retirement plan assets of MERITUS MEDICAL CENTER EMPLOYEE'S THRIFT PLAN is $78,975,733.00.This plan was established in 1996.

MERITUS MEDICAL CENTER EMPLOYEE'S THRIFT PLAN Total Number of Retirement Plan Participants

At the end of 2010, the total number of retirement plan participants in MERITUS MEDICAL CENTER EMPLOYEE'S THRIFT PLAN is 2912

MERITUS MEDICAL CENTER EMPLOYEE'S THRIFT PLAN Average Participant Retirement Account Value

In 2010, the average participant retirement account value for MERITUS MEDICAL CENTER EMPLOYEE'S THRIFT PLAN is $27,120.00

MERITUS MEDICAL CENTER EMPLOYEE'S THRIFT PLAN Estimated Average Employee Contribution Amount

In 2010, the estimated average employee contribution amount per participant for MERITUS MEDICAL CENTER EMPLOYEE'S THRIFT PLAN is $4,595.00.

MERITUS MEDICAL CENTER EMPLOYEE'S THRIFT PLAN Estimated Average Employer Match

In 2010, the estimated average employer match for an employee in MERITUS MEDICAL CENTER EMPLOYEE'S THRIFT PLAN is approximately $1,191.00
Investing in this additonal $1,191.00 for 20 years would give you extra $76,252.00, assuming a 10% annual return.

MERITUS MEDICAL CENTER EMPLOYEE'S THRIFT PLAN Total Employer Contribution and Match Rate

In 2010, MERITUS MEDICAL CENTER EMPLOYEE'S THRIFT PLAN allocates $3,469,497.00 to match its employees' contributions, providing an employer match rate of 51.86% of their contributions

MERITUS MEDICAL CENTER EMPLOYEE'S THRIFT PLAN Total Retirement Plan Asset Growth Rate

In 2010, the total retirement plan asset growth rate of MERITUS MEDICAL CENTER EMPLOYEE'S THRIFT PLAN is 18.54%.

MERITUS MEDICAL CENTER EMPLOYEE'S THRIFT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2010, the estimated aggregate retirement account investment gain/loss for MERITUS MEDICAL CENTER EMPLOYEE'S THRIFT PLAN is 11.83%. This measures the effectiveness of the plan participants' investments in the year.

MERITUS MEDICAL CENTER EMPLOYEE'S THRIFT PLAN Expense Ratio

In 2010, the investment and administrative expense ratio of MERITUS MEDICAL CENTER EMPLOYEE'S THRIFT PLAN is 0.09%.

Enrollment Features

MERITUS MEDICAL CENTER EMPLOYEE'S THRIFT PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.

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