UNITED MEDICAL SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST
Plan Contact
- Address: 1700 WEST PARK DRIVE SUITE 410,WESTBOROUGH,MA
- Contact person: STEVE DIAS
- Phone: (508) 870-6565
Plan General Information
UNITED MEDICAL SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of UNITED MEDICAL SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST is $38,247,052.00.This plan was established in 1998.
UNITED MEDICAL SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in UNITED MEDICAL SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST is 481
UNITED MEDICAL SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST Average Participant Retirement Account Value
In 2023, the average participant retirement account value for UNITED MEDICAL SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST is $79,515.00
UNITED MEDICAL SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for UNITED MEDICAL SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST is $3,891.00.
UNITED MEDICAL SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in UNITED MEDICAL SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST is approximately $836.00
Investing in this additonal $836.00 for 20 years would give you extra $53,536.00, assuming a 10% annual return.
Investing in this additonal $836.00 for 20 years would give you extra $53,536.00, assuming a 10% annual return.
UNITED MEDICAL SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST Total Employer Contribution and Match Rate
In 2023, UNITED MEDICAL SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST allocates $402,357.00 to match its employees' contributions, providing an employer match rate of 21.88% of their contributions
UNITED MEDICAL SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of UNITED MEDICAL SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST is 15.20%.
UNITED MEDICAL SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for UNITED MEDICAL SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST is 21.62%. This measures the effectiveness of the plan participants' investments in the year.
UNITED MEDICAL SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST Expense Ratio
In 2023, the investment and administrative expense ratio of UNITED MEDICAL SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST is 0.04%.
Enrollment Features
UNITED MEDICAL SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST 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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