SCHMIDT WALLACE HEALTHCARE MANAGEMENT COMPANY, INC. 401(K) RETIREMENT SAVINGS

Plan Contact

  • Address: 100 PERRY HILL ROAD,MONTGOMERY,AL
  • Contact person: TAMMY STEPHENSON
  • Phone: (334) 273-9002

Plan General Information

SCHMIDT WALLACE HEALTHCARE MANAGEMENT COMPANY, INC. 401(K) RETIREMENT SAVINGS Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SCHMIDT WALLACE HEALTHCARE MANAGEMENT COMPANY, INC. 401(K) RETIREMENT SAVINGS is $17,623,697.00.This plan was established in 2002.

SCHMIDT WALLACE HEALTHCARE MANAGEMENT COMPANY, INC. 401(K) RETIREMENT SAVINGS Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SCHMIDT WALLACE HEALTHCARE MANAGEMENT COMPANY, INC. 401(K) RETIREMENT SAVINGS is 960

SCHMIDT WALLACE HEALTHCARE MANAGEMENT COMPANY, INC. 401(K) RETIREMENT SAVINGS Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SCHMIDT WALLACE HEALTHCARE MANAGEMENT COMPANY, INC. 401(K) RETIREMENT SAVINGS is $18,358.00

SCHMIDT WALLACE HEALTHCARE MANAGEMENT COMPANY, INC. 401(K) RETIREMENT SAVINGS Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SCHMIDT WALLACE HEALTHCARE MANAGEMENT COMPANY, INC. 401(K) RETIREMENT SAVINGS is $1,117.00.

SCHMIDT WALLACE HEALTHCARE MANAGEMENT COMPANY, INC. 401(K) RETIREMENT SAVINGS Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SCHMIDT WALLACE HEALTHCARE MANAGEMENT COMPANY, INC. 401(K) RETIREMENT SAVINGS is approximately $746.00
Investing in this additonal $746.00 for 20 years would give you extra $47,744.00, assuming a 10% annual return.

SCHMIDT WALLACE HEALTHCARE MANAGEMENT COMPANY, INC. 401(K) RETIREMENT SAVINGS Total Employer Contribution and Match Rate

In 2023, SCHMIDT WALLACE HEALTHCARE MANAGEMENT COMPANY, INC. 401(K) RETIREMENT SAVINGS allocates $716,167.00 to match its employees' contributions, providing an employer match rate of 64.50% of their contributions

SCHMIDT WALLACE HEALTHCARE MANAGEMENT COMPANY, INC. 401(K) RETIREMENT SAVINGS Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SCHMIDT WALLACE HEALTHCARE MANAGEMENT COMPANY, INC. 401(K) RETIREMENT SAVINGS is 13.98%.

SCHMIDT WALLACE HEALTHCARE MANAGEMENT COMPANY, INC. 401(K) RETIREMENT SAVINGS Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SCHMIDT WALLACE HEALTHCARE MANAGEMENT COMPANY, INC. 401(K) RETIREMENT SAVINGS is 14.87%. This measures the effectiveness of the plan participants' investments in the year.

SCHMIDT WALLACE HEALTHCARE MANAGEMENT COMPANY, INC. 401(K) RETIREMENT SAVINGS Expense Ratio

In 2023, the investment and administrative expense ratio of SCHMIDT WALLACE HEALTHCARE MANAGEMENT COMPANY, INC. 401(K) RETIREMENT SAVINGS is 0.67%.

Enrollment Features

SCHMIDT WALLACE HEALTHCARE MANAGEMENT COMPANY, INC. 401(K) RETIREMENT SAVINGS 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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