ROBERT WOOD JOHNSON UNIVERSITY HOSPITAL RETIREMENT & SHELTERED SAVINGS PLAN

Plan Contact

  • Address: 379 CAMPUS DRIVE,SOMERSET,NJ
  • Contact person: MICHELLE HARVEY
  • Phone: (732) 937-8511

Plan General Information

ROBERT WOOD JOHNSON UNIVERSITY HOSPITAL RETIREMENT & SHELTERED SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2017, the total number of retirement plan participants in ROBERT WOOD JOHNSON UNIVERSITY HOSPITAL RETIREMENT & SHELTERED SAVINGS PLAN is 10144

ROBERT WOOD JOHNSON UNIVERSITY HOSPITAL RETIREMENT & SHELTERED SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2017, the estimated average employee contribution amount per participant for ROBERT WOOD JOHNSON UNIVERSITY HOSPITAL RETIREMENT & SHELTERED SAVINGS PLAN is $5,519.00.

ROBERT WOOD JOHNSON UNIVERSITY HOSPITAL RETIREMENT & SHELTERED SAVINGS PLAN Estimated Average Employer Match

In 2017, the estimated average employer match for an employee in ROBERT WOOD JOHNSON UNIVERSITY HOSPITAL RETIREMENT & SHELTERED SAVINGS PLAN is approximately $1,351.00
Investing in this additonal $1,351.00 for 20 years would give you extra $86,511.00, assuming a 10% annual return.

ROBERT WOOD JOHNSON UNIVERSITY HOSPITAL RETIREMENT & SHELTERED SAVINGS PLAN Total Employer Contribution and Match Rate

In 2017, ROBERT WOOD JOHNSON UNIVERSITY HOSPITAL RETIREMENT & SHELTERED SAVINGS PLAN allocates $13,712,125.00 to match its employees' contributions, providing an employer match rate of 48.98% of their contributions

Enrollment Features

ROBERT WOOD JOHNSON UNIVERSITY HOSPITAL RETIREMENT & SHELTERED SAVINGS PLAN 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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