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Company:
Olmsted Medical Center
Plan:
Olmsted Medical Center Retirement Savings Plan
 

Olmsted Medical Center

74 Plan: Olmsted Medical Center Retirement Savings Plan

 
 
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85
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For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (74) and the top rated plan (85) could equate to:
[How is this calculated?]
6 additional years of work
Up to $49,900 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

Olmsted Medical Center Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 74, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity and Total Plan Cost. Olmsted Medical Center Retirement Savings Plan currently has over 1,200 active participants and over $89.5M in plan assets.

 

 Retirement Plan Details

Address 1650 Fourth Street Se
Rochester, MN 55904 
Industry Health Care and Social Assistance
Administrator Kevin Higgins
Net Plan Assets $89,500,000
Total Participants 1,300
Avg Account Balance $74,000

 Top 3 Funds in this 401k

1. Fidelity Puritan 18%
2. Fidelity Spartan 500 Index 15%
3. Fidelity Freedom 2020 7%

  Plan Service Providers

Investment Adviser Strategic Advisers
Auditor McGladrey

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