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Company:
Salem Hospital
Plan:
Salem Hospital Retirement Plan
 

Salem Hospital

75 Plan: Salem Hospital Retirement Plan

 
 
75
23
59
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (75) and the top rated plan (80) could equate to:
[How is this calculated?]
3 additional years of work
Up to $55,000 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

Salem Hospital Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 75, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Total Plan Cost. Salem Hospital Retirement Plan currently has over 3,900 active participants and over $290.7M in plan assets.

 

 Retirement Plan Details

Address Po Box 14001
Salem, OR 97309-5014 
Industry Health Care and Social Assistance
Administrator Laurie Barr
Net Plan Assets $291,000,000
Total Participants 3,900
Avg Account Balance $74,000

 Top 3 Funds in this 401k

1. MassMutual Guaranteed Interest Account 30%
2. Vanguard Institutional Index 12%
3. Artio International Equity II 11%

  Plan Service Providers

Insurance Carrier MassMutual
Auditor Symonds, Evans & Company
Corporate Trustee Charles Schwab
Recordkeeper Milliman

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