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Company:
Aitkin Community Hospital, Inc.
Plan:
Aitkin Community Hospital, Inc. Retirement Savings Plan
 

Aitkin Community Hospital, Inc.

64 Plan:

 
 
64
32
59
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (64) and the top rated plan (86) could equate to:
[How is this calculated?]
12 additional years of work
Up to $79,500 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

Aitkin Community Hospital, Inc. Retirement Savings 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 35% of plans for Investment Menu Quality and Participation Rate. Aitkin Community Hospital, Inc. Retirement Savings Plan currently has over 300 active participants and over $14.5M in plan assets.

 

 Retirement Plan Details

Address 200 Bunker Hill Drive
Aitkin, MN 56431 
Industry Health Care and Social Assistance
Administrator Mary Jo Berven
Net Plan Assets $14,500,000
Total Participants 390
Avg Account Balance $37,000

 Top 3 Funds in this 401k

1. MassMutual Guaranteed Interest Account 31%
2. Fidelity Contrafund 9%
3. MassMutual Select Destination Retirement 2030 9%

  Plan Service Providers

Insurance Carrier MassMutual
Insurance Advisor/Broker Larry R. Degraaf
Auditor McGladrey

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