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Company:
Lakewood Health System
Plan:
Lakewood Health System 401k Plan
 

Lakewood Health System

62 Plan: Lakewood Health System 401k Plan

 
 
62
32
60
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (62) and the top rated plan (75) could equate to:
[How is this calculated?]
5 additional years of work
Up to $126,000 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

Lakewood Health System 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Investment Menu Quality. Lakewood Health System 401k Plan currently has over 900 active participants and over $27.2M in plan assets.

 

 Retirement Plan Details

Address 49725 County 83
Staples, MN 56479 
Industry Health Care and Social Assistance
Administrator Janet Jacobson
Sponsor James Dregney
Net Plan Assets $27,200,000
Total Participants 920
Avg Account Balance $30,000

 Top 3 Funds in this 401k

1. Callan GlidePath 2025 Fund 16%
2. Callan GlidePath 2035 Fund 15%
3. Callan GlidePath 2020 Fund 13%

  Plan Service Providers

Recordkeeper Ascensus, Inc.
Investment Adviser Wipfli, LLP
Auditor Licari, Larsen & Co. Ltd

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