HealthDrive Corporation
66
Plan:
HealthDrive 401k Plan
11
60
89
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 (66) and the top rated plan (89) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $111,000 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
HealthDrive 401k 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 Investment Menu Quality and Salary Deferral. HealthDrive 401k Plan currently has over 200 active participants and over $5.1M in plan assets.
Retirement Plan Details
| Address |
25 Needham Street
Newton, MA 02461 |
| Industry | Home Health Care Services |
| Administrator | Barbara L North |
| Net Plan Assets | $5,080,000 |
| Total Participants | 260 |
| Avg Account Balance | $19,000 |
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