UAB HEALTH SYSTEM, INC.403(B) RETIREMENT PLAN
Plan Contact
- Address: 500 22ND STREET SOUTH,,BIRMINGHAM,AL
- Contact person: JOHN T. FAULSTICH
- Phone: (205) 996-2570
Plan General Information
UAB HEALTH SYSTEM, INC.403(B) RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2009, the total retirement plan assets of UAB HEALTH SYSTEM, INC.403(B) RETIREMENT PLAN is $12,878,159.00.This plan was established in 2001.
UAB HEALTH SYSTEM, INC.403(B) RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2009, the total number of retirement plan participants in UAB HEALTH SYSTEM, INC.403(B) RETIREMENT PLAN is 762
UAB HEALTH SYSTEM, INC.403(B) RETIREMENT PLAN Average Participant Retirement Account Value
In 2009, the average participant retirement account value for UAB HEALTH SYSTEM, INC.403(B) RETIREMENT PLAN is $16,900.00
UAB HEALTH SYSTEM, INC.403(B) RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2009, the estimated average employee contribution amount per participant for UAB HEALTH SYSTEM, INC.403(B) RETIREMENT PLAN is $5,552.00.
UAB HEALTH SYSTEM, INC.403(B) RETIREMENT PLAN Estimated Average Employer Match
In 2009, the estimated average employer match for an employee in UAB HEALTH SYSTEM, INC.403(B) RETIREMENT PLAN is approximately $693.00
Investing in this additonal $693.00 for 20 years would give you extra $44,362.00, assuming a 10% annual return.
Investing in this additonal $693.00 for 20 years would give you extra $44,362.00, assuming a 10% annual return.
UAB HEALTH SYSTEM, INC.403(B) RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2009, UAB HEALTH SYSTEM, INC.403(B) RETIREMENT PLAN allocates $528,195.00 to match its employees' contributions, providing an employer match rate of 24.97% of their contributions
UAB HEALTH SYSTEM, INC.403(B) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2009, the total retirement plan asset growth rate of UAB HEALTH SYSTEM, INC.403(B) RETIREMENT PLAN is 50.31%.
UAB HEALTH SYSTEM, INC.403(B) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2009, the estimated aggregate retirement account investment gain/loss for UAB HEALTH SYSTEM, INC.403(B) RETIREMENT PLAN is 23.66%. This measures the effectiveness of the plan participants' investments in the year.
UAB HEALTH SYSTEM, INC.403(B) RETIREMENT PLAN Expense Ratio
In 2009, the investment and administrative expense ratio of UAB HEALTH SYSTEM, INC.403(B) RETIREMENT PLAN is 0.89%.
Enrollment Features
UAB HEALTH SYSTEM, INC.403(B) RETIREMENT PLAN 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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