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

Galen Medical Group

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

 
 
74
35
72
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (74) and the top rated plan (85) could equate to:
[How is this calculated?]
6 additional years of work
Up to $57,900 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 $10.5M in plan assets.

 

 
Plan Component Ratings

 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 $10,500,000
Total Participants 300
Avg Account Balance $35,000

 Compare Other Companies in Peer Group

Chesapeake Urology Associates, P.A. 79.8
The Orthopaedic Center, P.C. 72.7
Integrated Medical Group, P.C. 70.3
Chattanooga Orthopaedic Group, P.C. 66.0
University Orthopedics 61.5
Walla Walla Clinic 54.9

 Top 3 Funds in this 401k

1. Fidelity International Discovery 12%
2. Fidelity Retirement Money Market 11%
3. Fidelity Capital Appreciation 10%

  Plan Service Provider

Auditor Neal Scouten and Mcconnell

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