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Company:
South Cove Manor Nursing Home, Inc.
Plan:
South Cove Manor Nursing Home, Inc. 401k Plan
 

South Cove Manor Nursing Home, Inc.

48 Plan: South Cove Manor Nursing Home, Inc. 401k Plan

 
 
48
8
53
82
0
10
20
30
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50
60
70
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90
100
For the average 401k participant, the 34 point difference between this plan's BrightScope Rating (48) and the top rated plan (82) could equate to:
[How is this calculated?]
15 additional years of work
Up to $294,700 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

South Cove Manor Nursing Home, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 48. This plan is in the top 15% of plans for Investment Menu Quality. South Cove Manor Nursing Home, Inc. 401k Plan currently has over 100 active participants and over $3.3M in plan assets.

 

 Retirement Plan Details

Address 120 Shawmut Avenue
Boston, MA 02118 
Industry Health Care and Social Assistance
Administrator George Brodie
Net Plan Assets $3,340,000
Total Participants 150
Avg Account Balance $22,000

 Top 3 Funds in this 401k

1. John Hancock Guaranteed Interest Accounts 13%
2. John Hancock Funds II Lifestyle Moderate 11%
3. John Hancock Funds II Lifestyle Balanced 10%

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker MetLife
Auditor Larson Allen LLP

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