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

Lakewood Health System

69 Plan: Lakewood Health System 401k Plan

 
 
69
28
61
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (69) and the top rated plan (86) could equate to:
[How is this calculated?]
9 additional years of work
Up to $80,400 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 69, 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. Lakewood Health System 401k Plan currently has over 900 active participants and over $27.3M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
27
Plan Average: 24
Top 3 Funds in this 401k
1. Callan GlidePath 2025 Fund 17%
2. Callan GlidePath 2035 Fund 15%
3. Callan GlidePath 2020 Fund 13%

 Retirement Plan Details

Address 49725 County 83
Staples, MN 56479 
Industry Health Care and Social Assistance
Administrator Janet Jacobson
Sponsor Jim Dregney
Net Plan Assets $27,300,000
Total Participants 970
Avg Account Balance $36,000

  Plan Service Providers

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

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