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Company:
Blue Cross & Blue Shield of Rhode Island
Plan:
Blue Cross & Blue Shield of Rhode Island Employee Savings Plan
 

Blue Cross & Blue Shield of Rhode Island

70 Plan:

 
 
70
41
74
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (70) and the top rated plan (90) could equate to:
[How is this calculated?]
13 additional years of work
Up to $128,500 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

Blue Cross & Blue Shield of Rhode Island Employee Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 15% of plans for Total Plan Cost. Blue Cross & Blue Shield of Rhode Island Employee Savings Plan currently has over 1,500 active participants and over $119.1M in plan assets.

 

 Retirement Plan Details

Address 500 Exchange Street
Providence, RI 02903 
Industry Finance and Insurance
Administrator Shannon Broadbent
Sponsor Eric Gasbarro
Net Plan Assets $119,000,000
Total Participants 1,600
Avg Account Balance $71,000

 Top 3 Funds in this 401k

1. MassMutual Guaranteed Interest Account 58%
2. MassMutual Select Fundamental Value 7%
3. MassMutual Premier International Equity 5%

  Plan Service Providers

Insurance Carrier MassMutual
Investment Adviser Cantella & Co. Inc.
Auditor Lefkowitz, Garfinkel, Champi & Deri

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