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Company:
Norton Community Hospital
Plan:
NCH 401k Retirement Plan
 

Norton Community Hospital

60 Plan:

 
 
60
15
55
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (60) and the top rated plan (75) could equate to:
[How is this calculated?]
6 additional years of work
Up to $142,300 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

NCH 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 35% of plans for Participation Rate. NCH 401k Retirement Plan currently has over 400 active participants and over $10.3M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
18
Plan Average: 24
Top 3 Funds in this 401k
1. VALIC Fixed Account Plus 19%
2. American Funds Growth Fund of America 10%
3. Lincoln Financial Stable Value 10%

 Retirement Plan Details

Address 100 15th St., N.W.
Norton, VA 24273 
Industry Health Care and Social Assistance
Administrator Valeri J. Colyer
Net Plan Assets $10,300,000
Total Participants 420
Avg Account Balance $26,000

  Plan Service Providers

Insurance Carrier Lincoln Financial
Insurance Carrier MetLife
Insurance Carrier Valic
Insurance Advisor/Broker Gail M Bannister
Insurance Advisor/Broker Steven R. Davis
Insurance Advisor/Broker James E. Cromer
Insurance Advisor/Broker John C. Herzog
Insurance Advisor/Broker Rice C. Wolf
Investment Adviser Valic
Legal Counsel Valic
Auditor Pershing Yoakley & Associates

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