Owatonna Clinic-Mayo Health System
79
Plan:
Owatonna Clinic-Mayo Health System Retirement Plan
38
75
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (79) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $23,400 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
Owatonna Clinic-Mayo Health System Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 79. This plan is in the top 15% of plans for Account Balances, Company Generosity, and Total Plan Cost. Owatonna Clinic-Mayo Health System Retirement Plan currently has over 400 active participants and over $41.2M in plan assets.
Retirement Plan Details
| Address |
2200 26th Street Nw
Owatonna, MN 55060-0000 |
| Industry | Offices of Physicians (except Mental Health Specialists) |
| Administrator | David Berg |
| Net Plan Assets | $41,200,000 |
| Total Participants | 470 |
| Avg Account Balance | $89,000 |
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