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Company:
UMass Memorial Health Care, Inc.
Plan:
UMass Memorial Health Care 401k Plan
 

UMass Memorial Health Care, Inc.

64 Plan:

 
 
64
10
63
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (64) and the top rated plan (78) could equate to:
[How is this calculated?]
7 additional years of work
Up to $44,200 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

UMass Memorial Health Care 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 15% of plans for Total Plan Cost. UMass Memorial Health Care 401k Plan currently has over 10,500 active participants and over $308.3M in plan assets.

 

 Retirement Plan Details

Address 15 Belmont Street, 4th Floor
Worcester, MA 01605-2650 
Industry Health Care and Social Assistance
Administrator Diane Sarkisian
Net Plan Assets $308,000,000
Total Participants 11,000
Avg Account Balance $29,000

 Top 3 Funds in this 401k

1. Fidelity Freedom 2020 14%
2. Fidelity Freedom 2030 8%
3. T. Rowe Price Blue Chip Growth 7%

  Plan Service Providers

Investment Adviser Fiduciary Investment Advisors, LLC
Auditor Feeley & Driscoll, P.C.

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