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Company:
Sherman Health Systems
Plan:
Sherman Health Systems Consolidated Retirement Savings Plan
 

Sherman Health Systems

62 Plan:

 
 
62
23
57
77
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (62) and the top rated plan (77) could equate to:
[How is this calculated?]
6 additional years of work
Up to $131,800 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

Sherman Health Systems Consolidated Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Total Plan Cost. Sherman Health Systems Consolidated Retirement Savings Plan currently has over 3,100 active participants and over $94.4M in plan assets.

 

 Retirement Plan Details

Address 934 Center Street
Elgin, IL 60120-2125 
Industry Health Care and Social Assistance
Net Plan Assets $94,400,000
Total Participants 3,200
Avg Account Balance $30,000

 Top 3 Funds in this 401k

1. Vanguard Prime Money Market 15%
2. Vanguard PRIMECAP 14%
3. Vanguard 500 Index 14%

  Plan Service Providers

Administration G. Murphy and Associates
Auditor McGladrey
Corporate Trustee Vanguard Group
Recordkeeper Vanguard Group

 Comments