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Company:
Springfield Medical Associates, Inc.
Plan:
Springfield Medical Associates, Inc. 401k Plan and Trust
 

Springfield Medical Associates, Inc.

80 Plan:

 
 
80
38
73
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (80) and the top rated plan (85) could equate to:
[How is this calculated?]
3 additional years of work
Up to $29,300 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

Springfield Medical Associates, Inc. 401k Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 80, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances and Company Generosity. Springfield Medical Associates, Inc. 401k Plan and Trust currently has over 100 active participants and over $10.7M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
28
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. Fidelity Freedom 2030 17%
2. Fidelity Freedom 2020 17%
3. Fidelity Freedom 2015 9%

 Retirement Plan Details

Address 2150 Main Street
Springfield, MA 01104 
Industry Offices of Physicians (except Mental Health Specialists)
Administrator Salvatore Tassone
Net Plan Assets $10,700,000
Total Participants 130
Avg Account Balance $94,000

  Plan Service Provider

Auditor Meyers Brothers Kalicka, Pc

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