Southern Maryland Electric Cooperative
83
Plan:
36
77
93
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (83) and the top rated plan (93) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $42,200 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
Southern Maryland Electric Cooperative, Inc. 401k Management Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 83, 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, Company Generosity, Participation Rate, and Salary Deferral. Southern Maryland Electric Cooperative, Inc. 401k Management Plan currently has over 200 active participants and over $28.1M in plan assets.
Retirement Plan Details
| Address |
15035 Burnt Store Road
Hughesville, MD 20637 |
| Industry | Utilities |
| Administrator | Sonja M Cox |
| Net Plan Assets | $28,100,000 |
| Total Participants | 220 |
| Avg Account Balance | $130,000 |
Compare Other Companies in Peer Group
| GWF Power Systems Company | 85.9 |
| La Plata Electric Association | 83.0 |
| Terra-Gen Power, LLC | 81.9 |
| Capital Power | 81.3 |
| Midland Cogeneration Venture... | 79.6 |
| The Walton Electric Membership | 74.4 |
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