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Company:
Somerville-Cambridge Elder Services
Plan:
Somerville-Cambridge Elder Services, Inc. 401k Retirement Plan
 

Somerville-Cambridge Elder Services

57 Plan: Somerville-Cambridge Elder Services, Inc. 401k Retirement Plan

 
 
57
34
63
88
0
10
20
30
40
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60
70
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100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (57) and the top rated plan (88) could equate to:
[How is this calculated?]
15 additional years of work
Up to $224,200 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

Somerville-Cambridge Elder Services, Inc. 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. Somerville-Cambridge Elder Services, Inc. 401k Retirement Plan currently has over 100 active participants and over $3.3M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
37
Plan Average: 24
Top 3 Funds in this 401k
1. Nationwide Virtuoso II 22%
2. Fidelity Puritan 11%
3. American Funds Growth Fund of America 5%

 Retirement Plan Details

Address 61 Medford St
Somerville, MA 02143-3429 
Industry Health Care and Social Assistance
Administrator John O'Neill
Net Plan Assets $3,260,000
Total Participants 170
Avg Account Balance $24,000

  Plan Service Providers

Insurance Carrier Nationwide
Insurance Advisor/Broker Commonwealth Financial Network
Insurance Advisor/Broker Ogilvie Security Advisors
Recordkeeper Nationwide
Auditor Anstiss and Co., P.C.

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