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Company:
Springhill Medical Center
Plan:
401k Retirement Plan of Springhill Medical Services, Inc.
 

Springhill Medical Center

60 Plan: 401k Retirement Plan of Springhill Medical Services, Inc.

 
 
60
32
58
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (60) and the top rated plan (82) could equate to:
[How is this calculated?]
11 additional years of work
Up to $113,400 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

401k Retirement Plan of Springhill Medical Services, Inc. is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 35% of plans for Account Balances. 401k Retirement Plan of Springhill Medical Services, Inc. currently has over 100 active participants and over $8.3M in plan assets.

 

 Retirement Plan Details

Address 2001 Doctors Drive
Springhill, LA 71075 
Industry Health Care and Social Assistance
Administrator Derek Melancon
Net Plan Assets $8,260,000
Total Participants 200
Avg Account Balance $41,000

 Top 3 Funds in this 401k

1. Fidelity Advisor Stable Value 18%
2. Fidelity Advisor Freedom 2020 14%
3. Fidelity Advisor Strategic Income 8%

  Plan Service Provider

Auditor Heard Mcelroy & Vestal, LLP

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