Albert Lea Medical Center-Mayo Health System
60
Plan:
37
62
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (60) and the top rated plan (79) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $104,300 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
Albert Lea Medical Center Money Purchase Plan is a defined contribution plan. This plan has a BrightScope Rating of 60. This plan is in the top 15% of plans for Total Plan Cost. Albert Lea Medical Center Money Purchase Plan currently has over 1,500 active participants and over $60.1M in plan assets.
Retirement Plan Details
| Address |
404 West Fountain Street
Albert Lea, MN 56007 |
| Industry | Health Care and Social Assistance |
| Administrator | Monica Fleegel |
| Net Plan Assets | $60,100,000 |
| Total Participants | 1,500 |
| Avg Account Balance | $39,000 |
Compare Other Companies in Peer Group
| Ridgeview Medical Center | 66.0 |
| Woman's Hospital Foundation | 65.6 |
| Concord Hospital | 64.5 |
| Southern Maine Medical Center | 64.2 |
| Lafayette General Medical Center | 61.9 |
| Sutter East Bay Hospitals | 37.3 |
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