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Company:
Banner Health
Plan:
Banner Health Employees 401k Plan
 

Banner Health

65 Plan:

 
 
65
41
63
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (65) and the top rated plan (83) could equate to:
[How is this calculated?]
9 additional years of work
Up to $99,200 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

Banner Health Employees 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 15% of plans for Investment Menu Quality. Banner Health Employees 401k Plan currently has over 44,800 active participants and over $1.4B in plan assets.

 

 Retirement Plan Details

Address 1441 North 12th Street
Phoenix, AZ 85006-2837 
Industry Health Care and Social Assistance
Administrator Vicki Weber
Net Plan Assets $1,390,000,000
Total Participants 45,000
Avg Account Balance $31,000

 Top 3 Funds in this 401k

1. Fidelity Balanced 8%
2. Fidelity Spartan 500 Index 8%
3. Fidelity Freedom 2020 6%

  Plan Service Providers

Administration Banner Health
Legal Counsel Drinker Biddle Gardner Carton
Investment Adviser Jeffrey Slocum & Associates, Inc.
Auditor Ernst & Young

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