Summit Medical Group, PLLC
78
Plan:
Summit Medical Group, PLLC 401k Profit Sharing Plan
9
71
85
0
10
20
30
40
50
60
70
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90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (78) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of work Up to $57,600 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
Summit Medical Group, PLLC 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 78. This plan is in the top 15% of plans for Account Balances, Company Generosity, and Participation Rate. Summit Medical Group, PLLC 401k Profit Sharing Plan currently has over 1,000 active participants and over $114.4M in plan assets.
Retirement Plan Details
| Address |
1225 Weisgarber Rd., Suite 200
Knoxville, TN 37909 |
| Industry | Offices of Physicians (except Mental Health Specialists) |
| Administrator | Jerry Hall, Cfo |
| Net Plan Assets | $114,000,000 |
| Total Participants | 1,100 |
| Avg Account Balance | $110,000 |
Compare Other Companies in Peer Group
| BayCare Clinic, L.L.P. | 79.2 |
| Noran Neurological Clinic, P.A. | 77.6 |
| Mason City Clinic, P.C. | 77.2 |
| Iowa Physicians Clinic Medical... | 76.0 |
| Prevea Clinic | 73.9 |
| The Corvallis Clinic, P.C. | 71.1 |
Top 3 Funds in this 401k
| 1. | Self-Directed Brokerage Accounts | 13% |
| 2. | Vanguard Institutional Index | 10% |
| 3. | Alger Capital Appreciation Institutional | 9% |
Plan Service Providers
| Legal Counsel | Martin & Company, L.P. |
| Recordkeeper | Charles Schwab |
| Legal Counsel | Miller & Martin PLLC |
| Investment Adviser | Charles Schwab |
| Corporate Trustee | American Century Investments |
| Administration | American Century Investments |
| Recordkeeper | American Century Investments |
| Auditor | Coulter & Justus, P.C. |
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