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Company:
MedCath Incorporated
Plan:
MedCath Incorporated 401k Profit Sharing Plan and Trust
 

MedCath Incorporated

69 Plan: MedCath Incorporated 401k Profit Sharing Plan and Trust

 
 
69
11
57
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (69) and the top rated plan (90) could equate to:
[How is this calculated?]
13 additional years of work
Up to $162,800 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

MedCath Incorporated 401k Profit Sharing Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69. This plan is in the top 35% of plans for Salary Deferral and Total Plan Cost. MedCath Incorporated 401k Profit Sharing Plan and Trust currently has over 3,600 active participants and over $61.2M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
25
Plan Average: 24
Top 3 Funds in this 401k
1. Vanguard Target Retirement 2020 12%
2. Union Bond & Trust Stable Value Fund 11%
3. Vanguard Target Retirement 2030 8%

 Retirement Plan Details

Address 10720 Sikes Place Suite 300
Charlotte, NC 28277 
Industry Offices of All Other Miscellaneous Health Practitioners
Administrator Michael Campbell
Net Plan Assets $61,200,000
Total Participants 3,700
Avg Account Balance $22,000

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Northwestern Mutual
Corporate Trustee BB&T
Consultant BB&T
Auditor Dixon Hughes Goodman, LLC

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