WELLPOINT CARE NETWORK 403(B) RETIREMENT PLAN

Plan Contact

  • Address: 8901 W. CAPITOL DR,MILWAUKEE,WI
  • Contact person: KRISTI SCHARL
  • Phone: (414) 465-1880

Plan General Information

WELLPOINT CARE NETWORK 403(B) RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of WELLPOINT CARE NETWORK 403(B) RETIREMENT PLAN is $25,276,043.00.This plan was established in 1978.

WELLPOINT CARE NETWORK 403(B) RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in WELLPOINT CARE NETWORK 403(B) RETIREMENT PLAN is 529

WELLPOINT CARE NETWORK 403(B) RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for WELLPOINT CARE NETWORK 403(B) RETIREMENT PLAN is $47,780.00

WELLPOINT CARE NETWORK 403(B) RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for WELLPOINT CARE NETWORK 403(B) RETIREMENT PLAN is $5,277.00.

WELLPOINT CARE NETWORK 403(B) RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in WELLPOINT CARE NETWORK 403(B) RETIREMENT PLAN is approximately $1,823.00
Investing in this additonal $1,823.00 for 20 years would give you extra $116,672.00, assuming a 10% annual return.

WELLPOINT CARE NETWORK 403(B) RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, WELLPOINT CARE NETWORK 403(B) RETIREMENT PLAN allocates $964,368.00 to match its employees' contributions, providing an employer match rate of 69.09% of their contributions

WELLPOINT CARE NETWORK 403(B) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of WELLPOINT CARE NETWORK 403(B) RETIREMENT PLAN is 9.98%.

WELLPOINT CARE NETWORK 403(B) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for WELLPOINT CARE NETWORK 403(B) RETIREMENT PLAN is 17.72%. This measures the effectiveness of the plan participants' investments in the year.

WELLPOINT CARE NETWORK 403(B) RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of WELLPOINT CARE NETWORK 403(B) RETIREMENT PLAN is 0.38%.

Enrollment Features

WELLPOINT CARE NETWORK 403(B) RETIREMENT 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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