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Company:
Adirondack Medical Center
Plan:
The Adirondack Medical Center Tax Deferred Annuity Plan
 

Adirondack Medical Center

63 Plan: The Adirondack Medical Center Tax Deferred Annuity Plan

 
 
63
32
58
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (63) and the top rated plan (79) could equate to:
[How is this calculated?]
7 additional years of work
Up to $101,800 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 Adirondack Medical Center Tax Deferred Annuity Plan is a defined contribution plan. This plan has a BrightScope Rating of 63. This plan is in the top 15% of plans for Participation Rate. The Adirondack Medical Center Tax Deferred Annuity Plan currently has over 900 active participants and over $22.7M in plan assets.

 

 Retirement Plan Details

Address 2233 State Route 86
Saranac Lake, NY 12983 
Industry Health Care and Social Assistance
Administrator Carrie Carnright
Net Plan Assets $22,700,000
Total Participants 990
Avg Account Balance $23,000

 Top 3 Funds in this 403b

1. Transamerica Fixed Income Fund 35%
2. American Funds Growth Fund of America 11%
3. Transamerica Partners Large Value 8%

  Plan Service Providers

Insurance Carrier Transamerica
Insurance Advisor/Broker Healthcare Community Securities
Recordkeeper ABN AMRO Trust Services Company
Consultant Healthcare Community Securities
Auditor The Bonadio Group, LLC

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