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Company:
Southwest Tennessee Electric Membership Corporation
Plan:
Southwest Tennessee Electrical Membership Corporation 401k Plan
 

Southwest Tennessee Electric Membership Corporation

53 Plan: Southwest Tennessee Electrical Membership Corporation 401k Plan

 
 
53
19
73
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 34 point difference between this plan's BrightScope Rating (53) and the top rated plan (87) could equate to:
[How is this calculated?]
17 additional years of work
Up to $238,100 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

Southwest Tennessee Electrical Membership Corporation 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. Southwest Tennessee Electrical Membership Corporation 401k Plan currently has over 100 active participants and over $2.3M in plan assets.

 

 Retirement Plan Details

Address Po Box 959
Brownsville, TN 38012-0959 
Industry Utilities
Administrator Jack Fox
Net Plan Assets $2,340,000
Total Participants 150
Avg Account Balance $16,000

 Top 3 Funds in this 401k

1. ING Fixed Account 28%
2. Vanguard VIF Diversified Value Portfolio 16%
3. Fidelity Contrafund 13%

  Plan Service Providers

Insurance Carrier ING
Auditor Alexander Thompson Arnold PLLC
Insurance Advisor/Broker James Gilbertson

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