PROSPECT MEDICAL RETIREMENT SAVINGS PLAN B
Plan Contact
- Address: 3824 HUGHES AVE,CULVER CITY,CA
- Contact person: ALFREDO SABILLO
- Phone: (610) 447-6307
Plan General Information
PROSPECT MEDICAL RETIREMENT SAVINGS PLAN B Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of PROSPECT MEDICAL RETIREMENT SAVINGS PLAN B is $264,929,598.00.This plan was established in 1997.
PROSPECT MEDICAL RETIREMENT SAVINGS PLAN B Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in PROSPECT MEDICAL RETIREMENT SAVINGS PLAN B is 7813
PROSPECT MEDICAL RETIREMENT SAVINGS PLAN B Average Participant Retirement Account Value
In 2023, the average participant retirement account value for PROSPECT MEDICAL RETIREMENT SAVINGS PLAN B is $33,908.00
PROSPECT MEDICAL RETIREMENT SAVINGS PLAN B Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for PROSPECT MEDICAL RETIREMENT SAVINGS PLAN B is $6,819.00.
PROSPECT MEDICAL RETIREMENT SAVINGS PLAN B Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in PROSPECT MEDICAL RETIREMENT SAVINGS PLAN B is approximately $985.00
Investing in this additonal $985.00 for 20 years would give you extra $63,042.00, assuming a 10% annual return.
Investing in this additonal $985.00 for 20 years would give you extra $63,042.00, assuming a 10% annual return.
PROSPECT MEDICAL RETIREMENT SAVINGS PLAN B Total Employer Contribution and Match Rate
In 2023, PROSPECT MEDICAL RETIREMENT SAVINGS PLAN B allocates $7,696,147.00 to match its employees' contributions, providing an employer match rate of 28.89% of their contributions
PROSPECT MEDICAL RETIREMENT SAVINGS PLAN B Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of PROSPECT MEDICAL RETIREMENT SAVINGS PLAN B is 21.71%.
PROSPECT MEDICAL RETIREMENT SAVINGS PLAN B Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for PROSPECT MEDICAL RETIREMENT SAVINGS PLAN B is 19.84%. This measures the effectiveness of the plan participants' investments in the year.
PROSPECT MEDICAL RETIREMENT SAVINGS PLAN B Expense Ratio
In 2023, the investment and administrative expense ratio of PROSPECT MEDICAL RETIREMENT SAVINGS PLAN B is 0.26%.
Enrollment Features
PROSPECT MEDICAL RETIREMENT SAVINGS PLAN 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.
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