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Company:
Southern Maine Medical Center
Plan:
Southern Maine Medical Center Pension Plan
 

Southern Maine Medical Center

64 Plan: Southern Maine Medical Center Pension Plan

 
 
64
37
61
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (64) and the top rated plan (79) could equate to:
[How is this calculated?]
8 additional years of work
Up to $61,100 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

Southern Maine Medical Center Pension Plan is a defined contribution plan. This plan has a BrightScope Rating of 64. This plan is in the top 15% of plans for Total Plan Cost. Southern Maine Medical Center Pension Plan currently has over 1,800 active participants and over $59.9M in plan assets.

 

 Retirement Plan Details

Address One Medical Center Drive
Biddeford, ME 04005-0626 
Industry Health Care and Social Assistance
Administrator Lorraine Bouchard
Net Plan Assets $59,900,000
Total Participants 1,900
Avg Account Balance $32,000

 Top 3 Funds in this 403b

1. Lincoln Financial Stable Value 36%
2. American Funds EuroPacific Growth 9%
3. American Funds Growth Fund of America 8%

  Plan Service Providers

Insurance Carrier Lincoln Financial
Insurance Advisor/Broker CAPTRUST Financial Advisors
Administration Lincoln Financial
Investment Adviser CAPTRUST Financial Advisors
Auditor Baker Newman Noyes LLC

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