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Company:
Galen Medical Group, P.C.
Plan:
Galen Medical Group, P.C. Employees' Retirement Savings Plan
 

Galen Medical Group, P.C.

74 Plan: Galen Medical Group, P.C. Employees' Retirement Savings Plan

 
 
74
39
73
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (74) and the top rated plan (90) could equate to:
[How is this calculated?]
11 additional years of work
Up to $35,200 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

Galen Medical Group, P.C. Employees' Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 74. This plan is in the top 15% of plans for Participation Rate. Galen Medical Group, P.C. Employees' Retirement Savings Plan currently has over 300 active participants and over $13.8M in plan assets.


 Investment Menu Statistics

No. of Investment Options
20
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Fidelity Retirement Money Market 11%
2. Fidelity Capital Appreciation 10%
3. Fidelity International Discovery 9%

 Retirement Plan Details

Address 5600 Brainerd Rd.
Suite H-100
Chattanooga, TN 37411 
Industry Offices of Physicians (except Mental Health Specialists)
Administrator Jeff Thul
Net Plan Assets $13,800,000
Total Participants 310
Avg Account Balance $45,000

  Plan Service Providers

Investment Adviser Strategic Advisors
Recordkeeper Fidelity
Auditor Neal Scouten and Mcconnell