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Company:
CareFirst, Inc.
Plan:
The CareFirst 401k Plan
 

CareFirst, Inc.

70 Plan: The CareFirst 401k 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 $92,500 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.

 

 Comments

Retirement Plan Description

The CareFirst 401k 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 35% of plans for Account Balances, Participation Rate, and Total Plan Cost. The CareFirst 401k Plan currently has over 6,300 active participants and over $312.6M in plan assets.

 Retirement Plan Details

Address 10455 Mill Run Circle
Mailstop Om2-250
Owings Mills, MD 21117-5559 
Industry Finance and Insurance
Administrator Wallace D. Glisson
Net Plan Assets $313,000,000
Total Participants 6,400
Avg Account Balance $49,000

 Top 3 Funds in this 401k

1. Fidelity Dividend Growth 15%
2. Fidelity Managed Income Portfolio 11%
3. Fidelity Spartan US Bond Index 10%

  Plan Service Providers

Legal Counsel Gordon, Feinblatt, Rothman, Hoffber
Consultant Gordon, Feinblatt, Rothman, Hoffber
Auditor Mitchell & Titus, LLP
Corporate Trustee Fidelity

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