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Company:
Maine Eye Center, P.A.
Plan:
Maine Eye Center, P.A. Profit Sharing Plan
 

Maine Eye Center, P.A.

75 Plan: Maine Eye Center, P.A. Profit Sharing Plan

 
 
75
58
91
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 (75) and the top rated plan (91) could equate to:
[How is this calculated?]
11 additional years of work
Up to $90,800 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

Maine Eye Center, P.A. Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 75. This plan is in the top 15% of plans for Account Balances, Company Generosity, and Participation Rate. Maine Eye Center, P.A. Profit Sharing Plan currently has over 100 active participants and over $17.0M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
50
Plan Average: 24
Top 3 Funds in this 401k
1. Self-Directed Brokerage Accounts 58%
2. John Hancock Retirement Living through 2020 5%
3. John Hancock Retirement Living through 2030 3%

 
Plan Component Ratings

 Retirement Plan Details

Address 15 Lowell Street
Portland, ME 04102 
Industry Offices of Physicians (except Mental Health Specialists)
Administrator Frank W. Reed, Md
Net Plan Assets $17,000,000
Total Participants 130
Avg Account Balance $130,000

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Carrier Reassure America Life Insurance Co.
Insurance Advisor/Broker Robert D Irion
Recordkeeper John Hancock
Auditor Dawson, Smith, Purvis & Bassett P.A

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