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Company:
Health Partners, Inc.
Plan:
HP Choice 401k Plan
 

Health Partners, Inc.

39 Plan: HP Choice 401k Plan

 
 
39
12
51
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 45 point difference between this plan's BrightScope Rating (39) and the top rated plan (84) could equate to:
[How is this calculated?]
20 additional years of work
Up to $307,600 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

HP Choice 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 39. This plan is in the top 35% of plans for Investment Menu Quality. HP Choice 401k Plan currently has over 600 active participants and over $975.2K in plan assets.

 

 Retirement Plan Details

Address 17515 West Nine Mile Road, Ste 1185
Southfield, MI 48075 
Industry Home Health Care Services
Administrator Richard T. Brown
Sponsor Michael Gillet
Net Plan Assets $980,000
Total Participants 680
Avg Account Balance $1,400

 Top 3 Funds in this 401k

1. Lincoln Financial Short Term (SA14) 17%
2. Lincoln Financial Toolbox Managed Moderate (SATM) 9%
3. American Funds Growth-Income HLS 8%

  Plan Service Providers

Auditor Derderian, Kann, Seyferth & Salucci
Corporate Trustee Lincoln Financial
Insurance Advisor/Broker FSC Securities
Insurance Carrier Lincoln Financial
Administration MBC Retirement Services, Inc. (Michigan Benefit Consulting)
Insurance Advisor/Broker Lincoln Financial

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