TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION 401(K)

Plan Contact

  • Address: 9424 FANNIN ST BLDG C,HOUSTON,TX
  • Contact person: MIGUEL AGUILAR
  • Phone: (713) 795-5186

Plan General Information

TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION 401(K) Total Retirement Plan Assets

At the end of 2024, the total retirement plan assets of TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION 401(K) is $3,114,770.00.This plan was established in 1980.

TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION 401(K) Total Number of Retirement Plan Participants

At the end of 2024, the total number of retirement plan participants in TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION 401(K) is 175

TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION 401(K) Average Participant Retirement Account Value

In 2024, the average participant retirement account value for TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION 401(K) is $17,798.00

TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION 401(K) Estimated Average Employee Contribution Amount

In 2024, the estimated average employee contribution amount per participant for TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION 401(K) is $1,021.00.

TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION 401(K) Estimated Average Employer Match

In 2024, the estimated average employer match for an employee in TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION 401(K) is approximately $565.00
Investing in this additonal $565.00 for 20 years would give you extra $36,218.00, assuming a 10% annual return.

TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION 401(K) Total Employer Contribution and Match Rate

In 2024, TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION 401(K) allocates $99,035.00 to match its employees' contributions, providing an employer match rate of 57.22% of their contributions

TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION 401(K) Total Retirement Plan Asset Growth Rate

In 2024, the total retirement plan asset growth rate of TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION 401(K) is 2.57%.

TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION 401(K) Estimated Aggregate Retirement Account Investment Gain/Loss

In 2024, the estimated aggregate retirement account investment gain/loss for TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION 401(K) is 14.39%. This measures the effectiveness of the plan participants' investments in the year.

TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION 401(K) Expense Ratio

In 2024, the investment and administrative expense ratio of TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION 401(K) is 0.11%.

Enrollment Features

TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION 401(K) 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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