WESTMED MEDICAL GROUP, P.C. INCENTIVE SAVINGS TRUST I
Plan Contact
- Address: 2700 WESTCHESTER AVENUE,PURCHASE,NY
- Phone: (914) 682-6434
Plan General Information
WESTMED MEDICAL GROUP, P.C. INCENTIVE SAVINGS TRUST I Total Retirement Plan Assets
At the end of 2018, the total retirement plan assets of WESTMED MEDICAL GROUP, P.C. INCENTIVE SAVINGS TRUST I is $96,469,887.00.This plan was established in 1996.
WESTMED MEDICAL GROUP, P.C. INCENTIVE SAVINGS TRUST I Total Number of Retirement Plan Participants
At the end of 2018, the total number of retirement plan participants in WESTMED MEDICAL GROUP, P.C. INCENTIVE SAVINGS TRUST I is 798
WESTMED MEDICAL GROUP, P.C. INCENTIVE SAVINGS TRUST I Average Participant Retirement Account Value
In 2018, the average participant retirement account value for WESTMED MEDICAL GROUP, P.C. INCENTIVE SAVINGS TRUST I is $120,889.00
WESTMED MEDICAL GROUP, P.C. INCENTIVE SAVINGS TRUST I Estimated Average Employee Contribution Amount
In 2018, the estimated average employee contribution amount per participant for WESTMED MEDICAL GROUP, P.C. INCENTIVE SAVINGS TRUST I is $12,215.00.
WESTMED MEDICAL GROUP, P.C. INCENTIVE SAVINGS TRUST I Estimated Average Employer Match
In 2018, the estimated average employer match for an employee in WESTMED MEDICAL GROUP, P.C. INCENTIVE SAVINGS TRUST I is approximately $4,600.00
Investing in this additonal $4,600.00 for 20 years would give you extra $294,453.00, assuming a 10% annual return.
Investing in this additonal $4,600.00 for 20 years would give you extra $294,453.00, assuming a 10% annual return.
WESTMED MEDICAL GROUP, P.C. INCENTIVE SAVINGS TRUST I Total Employer Contribution and Match Rate
In 2018, WESTMED MEDICAL GROUP, P.C. INCENTIVE SAVINGS TRUST I allocates $3,671,463.00 to match its employees' contributions, providing an employer match rate of 75.33% of their contributions
WESTMED MEDICAL GROUP, P.C. INCENTIVE SAVINGS TRUST I Total Retirement Plan Asset Growth Rate
In 2018, the total retirement plan asset growth rate of WESTMED MEDICAL GROUP, P.C. INCENTIVE SAVINGS TRUST I is -6.49%.
WESTMED MEDICAL GROUP, P.C. INCENTIVE SAVINGS TRUST I Estimated Aggregate Retirement Account Investment Gain/Loss
In 2018, the estimated aggregate retirement account investment gain/loss for WESTMED MEDICAL GROUP, P.C. INCENTIVE SAVINGS TRUST I is -10.29%. This measures the effectiveness of the plan participants' investments in the year.
WESTMED MEDICAL GROUP, P.C. INCENTIVE SAVINGS TRUST I Expense Ratio
In 2018, the investment and administrative expense ratio of WESTMED MEDICAL GROUP, P.C. INCENTIVE SAVINGS TRUST I is 0.10%.
Enrollment Features
WESTMED MEDICAL GROUP, P.C. INCENTIVE SAVINGS TRUST I has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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