PHYSICIANS MEDICAL CENTER, LLC 401(K) PLAN

Plan Contact

  • Address: 4023 REAS LANE,NEW ALBANY,IN
  • Contact person: ANGELA KEITH
  • Phone: (812) 670-4321

Plan General Information

PHYSICIANS MEDICAL CENTER, LLC 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of PHYSICIANS MEDICAL CENTER, LLC 401(K) PLAN is $2,420,157.00.This plan was established in 2011.

PHYSICIANS MEDICAL CENTER, LLC 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in PHYSICIANS MEDICAL CENTER, LLC 401(K) PLAN is 237

PHYSICIANS MEDICAL CENTER, LLC 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for PHYSICIANS MEDICAL CENTER, LLC 401(K) PLAN is $10,211.00

PHYSICIANS MEDICAL CENTER, LLC 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for PHYSICIANS MEDICAL CENTER, LLC 401(K) PLAN is $3,255.00.

PHYSICIANS MEDICAL CENTER, LLC 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in PHYSICIANS MEDICAL CENTER, LLC 401(K) PLAN is approximately $750.00
Investing in this additonal $750.00 for 20 years would give you extra $48,024.00, assuming a 10% annual return.

PHYSICIANS MEDICAL CENTER, LLC 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, PHYSICIANS MEDICAL CENTER, LLC 401(K) PLAN allocates $177,840.00 to match its employees' contributions, providing an employer match rate of 46.10% of their contributions

PHYSICIANS MEDICAL CENTER, LLC 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of PHYSICIANS MEDICAL CENTER, LLC 401(K) PLAN is 12.94%.

PHYSICIANS MEDICAL CENTER, LLC 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for PHYSICIANS MEDICAL CENTER, LLC 401(K) PLAN is -15.48%. This measures the effectiveness of the plan participants' investments in the year.

PHYSICIANS MEDICAL CENTER, LLC 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of PHYSICIANS MEDICAL CENTER, LLC 401(K) PLAN is 1.03%.

Enrollment Features

PHYSICIANS MEDICAL CENTER, LLC 401(K) 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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