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Company:
Risk Management Foundation of the Harvard Medical Institute, Inc.
Plan:
Risk Management Foundation Future Service Pension Plan
 

Risk Management Foundation of the Harvard Medical Institute, Inc.

61 Plan:

 
 
61
39
66
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (61) and the top rated plan (84) could equate to:
[How is this calculated?]
11 additional years of work
Up to $155,600 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

Risk Management Foundation Future Service Pension Plan is a defined contribution plan. This plan has a BrightScope Rating of 61. This plan is in the top 15% of plans for Company Generosity and Participation Rate. Risk Management Foundation Future Service Pension Plan currently has over 100 active participants and over $5.8M in plan assets.

 

 Retirement Plan Details

Address 101 Main St
Cambridge, MA 02142-1519 
Industry Finance and Insurance
Administrator Rocco A. Maturo
Sponsor J. Garrett Parker
Net Plan Assets $5,760,000
Total Participants 160
Avg Account Balance $37,000

 Top 3 Funds in this 401k

1. Fidelity Freedom 2020 17%
2. Fidelity Retirement Money Market 14%
3. Fidelity Equity-Income 10%

  Plan Service Provider

Auditor Feeley & Driscoll, P.C.

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