Franklin Hospital C/O North Shore-Long Island Jewish Health System
35
Plan:
32
59
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 51 point difference between this plan's BrightScope Rating (35) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
23 additional years of work Up to $346,500 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
Franklin Hospital Medical Center Employees’ Savings and Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 35. This plan is in the top 15% of plans for Total Plan Cost. Franklin Hospital Medical Center Employees’ Savings and Investment Plan currently has over 500 active participants and over $27.4M in plan assets.
Retirement Plan Details
| Address |
972 Brush Hollow Road
5th Floor Westbury, NY 11590-1740 |
| Industry | Health Care and Social Assistance |
| Administrator | Robert Shapiro |
| Net Plan Assets | $27,400,000 |
| Total Participants | 540 |
| Avg Account Balance | $51,000 |
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