Fairmont Medical Center - Mayo Health System
50
Plan:
10
54
81
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (50) and the top rated plan (81) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $200,500 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
Fairmont Medical Center - Mayo Health System Employees Pension Plan is a defined contribution plan. This plan has a BrightScope Rating of 50. This plan is in the top 35% of plans for Investment Menu Quality and Total Plan Cost. Fairmont Medical Center - Mayo Health System Employees Pension Plan currently has over 400 active participants and over $12.3M in plan assets.
Retirement Plan Details
| Address |
800 Medical Center Dr
Fairmont, MN 56031-4575 |
| Industry | Health Care and Social Assistance |
| Administrator | Wendy Voss |
| Sponsor | Brian Suter |
| Net Plan Assets | $12,300,000 |
| Total Participants | 500 |
| Avg Account Balance | $25,000 |
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