Sparrow Health System
65
Plan:
31
60
72
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (65) and the top rated plan (72) could equate to:
[How is this calculated?]
[How is this calculated?]
3 additional years of work Up to $15,300 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
Sparrow Health System Associate Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 35% of plans for Company Generosity, Investment Menu Quality, and Total Plan Cost. Sparrow Health System Associate Retirement Savings Plan currently has over 3,700 active participants and over $42.4M in plan assets.
Retirement Plan Details
| Address |
1200 East Michigan, Suite 235
Lansing, MI 48909-7980 |
| Industry | Health Care and Social Assistance |
| Administrator | Donald M. Davis, Jr. |
| Net Plan Assets | $42,400,000 |
| Total Participants | 3,800 |
| Avg Account Balance | $11,000 |
Compare Other Companies in Peer Group
| Middlesex Health System | 67.8 |
| Lifecare Management Services | 55.5 |
| Anmed Health | 54.9 |
| VHA Southwest Community Health | 54.6 |
| MCG Health | 52.8 |
| Southwest Washington Medical Center | 48.2 |
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