PREFERRED MEDICAL MARKETING CORPORATION 401(K) PLAN
Plan Contact
- Address: 15720 BRIXHAM HILL AVENUE,,CHARLOTTE,NC
- Contact person: GREG VESPO
- Phone: (704) 945-7273
Plan General Information
PREFERRED MEDICAL MARKETING CORPORATION 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of PREFERRED MEDICAL MARKETING CORPORATION 401(K) PLAN is $13,055,303.00.This plan was established in 2008.
PREFERRED MEDICAL MARKETING CORPORATION 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in PREFERRED MEDICAL MARKETING CORPORATION 401(K) PLAN is 151
PREFERRED MEDICAL MARKETING CORPORATION 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for PREFERRED MEDICAL MARKETING CORPORATION 401(K) PLAN is $86,458.00
PREFERRED MEDICAL MARKETING CORPORATION 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for PREFERRED MEDICAL MARKETING CORPORATION 401(K) PLAN is $8,864.00.
PREFERRED MEDICAL MARKETING CORPORATION 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in PREFERRED MEDICAL MARKETING CORPORATION 401(K) PLAN is approximately $4,363.00
Investing in this additonal $4,363.00 for 20 years would give you extra $279,291.00, assuming a 10% annual return.
Investing in this additonal $4,363.00 for 20 years would give you extra $279,291.00, assuming a 10% annual return.
PREFERRED MEDICAL MARKETING CORPORATION 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, PREFERRED MEDICAL MARKETING CORPORATION 401(K) PLAN allocates $658,953.00 to match its employees' contributions, providing an employer match rate of 65.49% of their contributions
PREFERRED MEDICAL MARKETING CORPORATION 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of PREFERRED MEDICAL MARKETING CORPORATION 401(K) PLAN is 22.39%.
PREFERRED MEDICAL MARKETING CORPORATION 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for PREFERRED MEDICAL MARKETING CORPORATION 401(K) PLAN is 18.23%. This measures the effectiveness of the plan participants' investments in the year.
PREFERRED MEDICAL MARKETING CORPORATION 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of PREFERRED MEDICAL MARKETING CORPORATION 401(K) PLAN is 0.09%.
Enrollment Features
PREFERRED MEDICAL MARKETING CORPORATION 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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