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Company:
Health Alliance Plan of Michigan
Plan:
Health Alliance Plan 401k Plan
 

Health Alliance Plan of Michigan

68 Plan: Health Alliance Plan 401k Plan

 
 
68
9
73
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (68) and the top rated plan (87) could equate to:
[How is this calculated?]
11 additional years of work
Up to $123,600 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

Health Alliance Plan 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 35% of plans for Salary Deferral and Total Plan Cost. Health Alliance Plan 401k Plan currently has over 900 active participants and over $23.0M in plan assets.

 

 Retirement Plan Details

Address 2850 West Grand Boulevard
Detroit, MI 48202 
Industry Finance and Insurance
Administrator Derick Adams
Net Plan Assets $23,000,000
Total Participants 910
Avg Account Balance $25,000

 Top 3 Funds in this 401k

1. Vanguard 500 Index 18%
2. MetLife Stable Value Fund 16%
3. Vanguard Small Cap Index 14%

  Plan Service Providers

Administration PensionTrend Investment Advisors, LLC
Legal Counsel Stevenson Keppelman & Associates
Auditor George Johnson & Co, LLP

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