Somerset Medical Center
55
Plan:
Somerset Medical Center Retirement Savings Program
33
59
77
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (55) and the top rated plan (77) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $193,600 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
Somerset Medical Center Retirement Savings Program is a defined contribution plan. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Total Plan Cost. Somerset Medical Center Retirement Savings Program currently has over 3,400 active participants and over $61.4M in plan assets.
Retirement Plan Details
| Address |
110 Rehill Ave.
Somerville, NJ 08876 |
| Industry | Health Care and Social Assistance |
| Administrator | Mary Ann Bross |
| Net Plan Assets | $61,400,000 |
| Total Participants | 3,500 |
| Avg Account Balance | $18,000 |
Compare Other Companies in Peer Group
Top 3 Funds in this 403b
| 1. | MetLife Strategic Value Annuity | 24% |
| 2. | PIMCO Total Return | 21% |
| 3. | Vanguard 500 Index | 9% |
Plan Service Providers
| Insurance Carrier | MetLife |
| Insurance Advisor/Broker | MetLife |
| Insurance Advisor/Broker | Frank A Bosco |
| Insurance Advisor/Broker | Michael P Cannizzaro |
| Insurance Advisor/Broker | Denis Walker |
| Insurance Advisor/Broker | Keith Bermeo |
| Insurance Advisor/Broker | Jeffrey Dickinson |
| Insurance Advisor/Broker | Stephen L. Stemple |
| Insurance Advisor/Broker | Rachelle Denis |
| Insurance Advisor/Broker | Frank Karpack |
| Insurance Advisor/Broker | Randolph Warren |
| Insurance Advisor/Broker | Robert Hellwig |
| Insurance Advisor/Broker | Julie L. Yunker |
| Auditor | ParenteBeard, LLC |
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