The Southboro Medical Group, Inc.
66
Plan:
The Southboro Medical Group, Inc. Savings and Retirement Plan
39
73
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (66) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $81,100 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
The Southboro Medical Group, Inc. Savings and Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 35% of plans for Account Balances, Company Generosity, and Salary Deferral. The Southboro Medical Group, Inc. Savings and Retirement Plan currently has over 600 active participants and over $25.6M in plan assets.
Retirement Plan Details
| Address |
24 Newton Street
Southboro, MA 01772 |
| Industry | Offices of Physicians (except Mental Health Specialists) |
| Administrator | Kathryn Tomashunas |
| Net Plan Assets | $25,600,000 |
| Total Participants | 640 |
| Avg Account Balance | $40,000 |
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