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Company:
Schmidt Wallace Healthcare Management Company, Inc.
Plan:
Schmidt Wallace Healthcare Management Company, Inc. 401k Retirement Savings Plan
 

Schmidt Wallace Healthcare Management Company, Inc.

50 Plan: Schmidt Wallace Healthcare Management Company, Inc. 401k Retirement Savings Plan

 
 
50
25
46
76
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (50) and the top rated plan (76) could equate to:
[How is this calculated?]
11 additional years of work
Up to $179,500 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

Schmidt Wallace Healthcare Management Company, Inc. 401k Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. This plan is in the top 15% of plans for Investment Menu Quality. Schmidt Wallace Healthcare Management Company, Inc. 401k Retirement Savings Plan currently has over 800 active participants and over $3.6M in plan assets.

 

 Retirement Plan Details

Address 616 Chaffee St
Talladega, AL 35160-2809 
Industry Health Care and Social Assistance
Administrator Tammy Stephenson
Net Plan Assets $3,590,000
Total Participants 830
Avg Account Balance $4,300

 Top 3 Funds in this 401k

1. Principal Money Market 20%
2. Principal Guaranteed Interest Account 8%
3. Principal LifeTime 2030 7%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker ProEquities, Inc.
Administration Principal Financial Group
Auditor Carr, Riggs and Ingram

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