OVERLAKE HOSPITAL MEDICAL CENTER VOLUNTARY EMPLOYEE TAX-DEFERRED PLAN 403(B)

Plan Contact

  • Address: 1035 116TH AVENUE NORTHEAST,BELLEVUE,WA
  • Contact person: BARBARA GRINBERGS
  • Phone: (425) 688-5000

Plan General Information

OVERLAKE HOSPITAL MEDICAL CENTER VOLUNTARY EMPLOYEE TAX-DEFERRED PLAN 403(B) Total Retirement Plan Assets

At the end of 2020, the total retirement plan assets of OVERLAKE HOSPITAL MEDICAL CENTER VOLUNTARY EMPLOYEE TAX-DEFERRED PLAN 403(B) is $328,938,217.00.This plan was established in 1996.

OVERLAKE HOSPITAL MEDICAL CENTER VOLUNTARY EMPLOYEE TAX-DEFERRED PLAN 403(B) Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in OVERLAKE HOSPITAL MEDICAL CENTER VOLUNTARY EMPLOYEE TAX-DEFERRED PLAN 403(B) is 4344

OVERLAKE HOSPITAL MEDICAL CENTER VOLUNTARY EMPLOYEE TAX-DEFERRED PLAN 403(B) Average Participant Retirement Account Value

In 2020, the average participant retirement account value for OVERLAKE HOSPITAL MEDICAL CENTER VOLUNTARY EMPLOYEE TAX-DEFERRED PLAN 403(B) is $75,722.00

OVERLAKE HOSPITAL MEDICAL CENTER VOLUNTARY EMPLOYEE TAX-DEFERRED PLAN 403(B) Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for OVERLAKE HOSPITAL MEDICAL CENTER VOLUNTARY EMPLOYEE TAX-DEFERRED PLAN 403(B) is $10,244.00.

OVERLAKE HOSPITAL MEDICAL CENTER VOLUNTARY EMPLOYEE TAX-DEFERRED PLAN 403(B) Estimated Average Employer Match

In 2020, the estimated average employer match for an employee in OVERLAKE HOSPITAL MEDICAL CENTER VOLUNTARY EMPLOYEE TAX-DEFERRED PLAN 403(B) is approximately $3,517.00
Investing in this additonal $3,517.00 for 20 years would give you extra $225,141.00, assuming a 10% annual return.

OVERLAKE HOSPITAL MEDICAL CENTER VOLUNTARY EMPLOYEE TAX-DEFERRED PLAN 403(B) Total Employer Contribution and Match Rate

In 2020, OVERLAKE HOSPITAL MEDICAL CENTER VOLUNTARY EMPLOYEE TAX-DEFERRED PLAN 403(B) allocates $15,281,499.00 to match its employees' contributions, providing an employer match rate of 68.67% of their contributions

OVERLAKE HOSPITAL MEDICAL CENTER VOLUNTARY EMPLOYEE TAX-DEFERRED PLAN 403(B) Total Retirement Plan Asset Growth Rate

In 2020, the total retirement plan asset growth rate of OVERLAKE HOSPITAL MEDICAL CENTER VOLUNTARY EMPLOYEE TAX-DEFERRED PLAN 403(B) is 27.63%.

OVERLAKE HOSPITAL MEDICAL CENTER VOLUNTARY EMPLOYEE TAX-DEFERRED PLAN 403(B) Estimated Aggregate Retirement Account Investment Gain/Loss

In 2020, the estimated aggregate retirement account investment gain/loss for OVERLAKE HOSPITAL MEDICAL CENTER VOLUNTARY EMPLOYEE TAX-DEFERRED PLAN 403(B) is 19.78%. This measures the effectiveness of the plan participants' investments in the year.

OVERLAKE HOSPITAL MEDICAL CENTER VOLUNTARY EMPLOYEE TAX-DEFERRED PLAN 403(B) Expense Ratio

In 2020, the investment and administrative expense ratio of OVERLAKE HOSPITAL MEDICAL CENTER VOLUNTARY EMPLOYEE TAX-DEFERRED PLAN 403(B) is 0.00%.

Enrollment Features

OVERLAKE HOSPITAL MEDICAL CENTER VOLUNTARY EMPLOYEE TAX-DEFERRED PLAN 403(B) has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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