NYH, MC, MCS OP, MM & MCNY 401(K) EMPLOYEE SAVINGS PLAN

Plan Contact

  • Address: 481 EIGHTH AVENUE,,NEW YORK,NY
  • Phone: (212) 244-0719

Plan General Information

NYH, MC, MCS OP, MM & MCNY 401(K) EMPLOYEE SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of NYH, MC, MCS OP, MM & MCNY 401(K) EMPLOYEE SAVINGS PLAN is $6,538,057.00.This plan was established in 1997.

NYH, MC, MCS OP, MM & MCNY 401(K) EMPLOYEE SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in NYH, MC, MCS OP, MM & MCNY 401(K) EMPLOYEE SAVINGS PLAN is 295

NYH, MC, MCS OP, MM & MCNY 401(K) EMPLOYEE SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for NYH, MC, MCS OP, MM & MCNY 401(K) EMPLOYEE SAVINGS PLAN is $22,162.00

NYH, MC, MCS OP, MM & MCNY 401(K) EMPLOYEE SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for NYH, MC, MCS OP, MM & MCNY 401(K) EMPLOYEE SAVINGS PLAN is $496.00.

NYH, MC, MCS OP, MM & MCNY 401(K) EMPLOYEE SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in NYH, MC, MCS OP, MM & MCNY 401(K) EMPLOYEE SAVINGS PLAN is approximately $35.00
Investing in this additonal $35.00 for 20 years would give you extra $2,245.00, assuming a 10% annual return.

NYH, MC, MCS OP, MM & MCNY 401(K) EMPLOYEE SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, NYH, MC, MCS OP, MM & MCNY 401(K) EMPLOYEE SAVINGS PLAN allocates $10,351.00 to match its employees' contributions, providing an employer match rate of 5.24% of their contributions

NYH, MC, MCS OP, MM & MCNY 401(K) EMPLOYEE SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of NYH, MC, MCS OP, MM & MCNY 401(K) EMPLOYEE SAVINGS PLAN is -57.50%.

NYH, MC, MCS OP, MM & MCNY 401(K) EMPLOYEE SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for NYH, MC, MCS OP, MM & MCNY 401(K) EMPLOYEE SAVINGS PLAN is -54.17%. This measures the effectiveness of the plan participants' investments in the year.

NYH, MC, MCS OP, MM & MCNY 401(K) EMPLOYEE SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of NYH, MC, MCS OP, MM & MCNY 401(K) EMPLOYEE SAVINGS PLAN is 0.50%.

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