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Company:
Lafayette General Medical Center
Plan:
Retirement Plan of the Employees of Lafayette General Medical Center
 

Lafayette General Medical Center

62 Plan:

 
 
62
37
62
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (62) and the top rated plan (85) could equate to:
[How is this calculated?]
11 additional years of work
Up to $172,800 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

Retirement Plan of the Employees of Lafayette General Medical Center is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Participation Rate. Retirement Plan of the Employees of Lafayette General Medical Center currently has over 2,000 active participants and over $57.6M in plan assets.

 

 Retirement Plan Details

Address 1214 Coolidge Boulevard
Lafayette, LA 70503 
Industry Health Care and Social Assistance
Administrator Patrick Gandy
Sponsor Sheena Mitchell
Net Plan Assets $57,600,000
Total Participants 2,000
Avg Account Balance $28,000

 Top 3 Funds in this 401k

1. Prudential Guaranteed Income Fund 17%
2. American Funds American Balanced 16%
3. American Funds Growth Fund of America 11%

  Plan Service Providers

Insurance Carrier Prudential
Insurance Advisor/Broker SBHU Life Agency, Inc.
Administration Prudential
Recordkeeper Prudential
Recordkeeper Fidelity
Auditor Laporte, Sehrt, Romig & Hand

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