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Company:
The Aroostook Medical Center
Plan:
The Aroostook Medical Center Retirement Plan
 

The Aroostook Medical Center

58 Plan:

 
 
58
9
68
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (58) and the top rated plan (85) could equate to:
[How is this calculated?]
13 additional years of work
Up to $211,800 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

The Aroostook Medical Center Retirement Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 58. This plan is in the top 35% of plans for Company Generosity and Investment Menu Quality. The Aroostook Medical Center Retirement Plan currently has over 1,000 active participants and over $19.9M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 151
Presque Isle, ME 04769 
Industry Health Care and Social Assistance
Administrator Tom Umphrey
Net Plan Assets $19,900,000
Total Participants 1,000
Avg Account Balance $21,000

 Top 3 Funds in this 403b

1. Schwab Value Advantage Money 18%
2. American Century Ginnie Mae 13%
3. Schwab S&P 500 Index 11%

  Plan Service Providers

Recordkeeper Retirement Alliance, Inc.
Corporate Trustee Charles Schwab
Auditor Berry Dunn Mcneil & Parker

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