MONROE PLAN FOR MEDICAL CARE, INC. 401(K) RETIREMENT PLAN
Plan Contact
- Address: 1120 PITTSFORD VICTOR ROAD,PITTSFORD,NY
- Contact person: MIKE MESSIER
- Phone: (585) 244-5550
Plan General Information
MONROE PLAN FOR MEDICAL CARE, INC. 401(K) RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of MONROE PLAN FOR MEDICAL CARE, INC. 401(K) RETIREMENT PLAN is $24,102,068.00.This plan was established in 1997.
MONROE PLAN FOR MEDICAL CARE, INC. 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in MONROE PLAN FOR MEDICAL CARE, INC. 401(K) RETIREMENT PLAN is 299
MONROE PLAN FOR MEDICAL CARE, INC. 401(K) RETIREMENT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for MONROE PLAN FOR MEDICAL CARE, INC. 401(K) RETIREMENT PLAN is $80,608.00
MONROE PLAN FOR MEDICAL CARE, INC. 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for MONROE PLAN FOR MEDICAL CARE, INC. 401(K) RETIREMENT PLAN is $2,812.00.
MONROE PLAN FOR MEDICAL CARE, INC. 401(K) RETIREMENT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in MONROE PLAN FOR MEDICAL CARE, INC. 401(K) RETIREMENT PLAN is approximately $2,719.00
Investing in this additonal $2,719.00 for 20 years would give you extra $174,063.00, assuming a 10% annual return.
Investing in this additonal $2,719.00 for 20 years would give you extra $174,063.00, assuming a 10% annual return.
MONROE PLAN FOR MEDICAL CARE, INC. 401(K) RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2023, MONROE PLAN FOR MEDICAL CARE, INC. 401(K) RETIREMENT PLAN allocates $813,201.00 to match its employees' contributions, providing an employer match rate of 100.92% of their contributions
MONROE PLAN FOR MEDICAL CARE, INC. 401(K) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of MONROE PLAN FOR MEDICAL CARE, INC. 401(K) RETIREMENT PLAN is -0.41%.
MONROE PLAN FOR MEDICAL CARE, INC. 401(K) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for MONROE PLAN FOR MEDICAL CARE, INC. 401(K) RETIREMENT PLAN is 14.42%. This measures the effectiveness of the plan participants' investments in the year.
MONROE PLAN FOR MEDICAL CARE, INC. 401(K) RETIREMENT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of MONROE PLAN FOR MEDICAL CARE, INC. 401(K) RETIREMENT PLAN is 0.02%.
Enrollment Features
MONROE PLAN FOR MEDICAL CARE, INC. 401(K) RETIREMENT 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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