SOUTHERN NEW ENGLAND HEALTHCARE ORGANIZATION, INC. 401(K) PLAN

Plan Contact

  • Address: 200 DAY HILL ROAD,WINDSOR,CT
  • Contact person: TRUDI MCKENNA
  • Phone: (860) 453-0430

Plan General Information

SOUTHERN NEW ENGLAND HEALTHCARE ORGANIZATION, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SOUTHERN NEW ENGLAND HEALTHCARE ORGANIZATION, INC. 401(K) PLAN is $6,390,764.00.This plan was established in 2000.

SOUTHERN NEW ENGLAND HEALTHCARE ORGANIZATION, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SOUTHERN NEW ENGLAND HEALTHCARE ORGANIZATION, INC. 401(K) PLAN is 119

SOUTHERN NEW ENGLAND HEALTHCARE ORGANIZATION, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SOUTHERN NEW ENGLAND HEALTHCARE ORGANIZATION, INC. 401(K) PLAN is $53,703.00

SOUTHERN NEW ENGLAND HEALTHCARE ORGANIZATION, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SOUTHERN NEW ENGLAND HEALTHCARE ORGANIZATION, INC. 401(K) PLAN is $12,045.00.

SOUTHERN NEW ENGLAND HEALTHCARE ORGANIZATION, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SOUTHERN NEW ENGLAND HEALTHCARE ORGANIZATION, INC. 401(K) PLAN is approximately $5,366.00
Investing in this additonal $5,366.00 for 20 years would give you extra $343,444.00, assuming a 10% annual return.

SOUTHERN NEW ENGLAND HEALTHCARE ORGANIZATION, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, SOUTHERN NEW ENGLAND HEALTHCARE ORGANIZATION, INC. 401(K) PLAN allocates $638,592.00 to match its employees' contributions, providing an employer match rate of 89.10% of their contributions

SOUTHERN NEW ENGLAND HEALTHCARE ORGANIZATION, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SOUTHERN NEW ENGLAND HEALTHCARE ORGANIZATION, INC. 401(K) PLAN is 3.22%.

SOUTHERN NEW ENGLAND HEALTHCARE ORGANIZATION, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SOUTHERN NEW ENGLAND HEALTHCARE ORGANIZATION, INC. 401(K) PLAN is 17.47%. This measures the effectiveness of the plan participants' investments in the year.

SOUTHERN NEW ENGLAND HEALTHCARE ORGANIZATION, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of SOUTHERN NEW ENGLAND HEALTHCARE ORGANIZATION, INC. 401(K) PLAN is 0.80%.

Enrollment Features

SOUTHERN NEW ENGLAND HEALTHCARE ORGANIZATION, INC. 401(K) 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.


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