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Company:
Salem Academy and College
Plan:
Faculty Defined Contribution Retirement Plan
 

Salem Academy and College

67 Plan:

 
 
67
32
69
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (67) and the top rated plan (87) could equate to:
[How is this calculated?]
11 additional years of work
Up to $109,200 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

Faculty Defined Contribution Retirement Plan is a defined contribution plan. This plan has a BrightScope Rating of 67. This plan is in the top 15% of plans for Total Plan Cost. Faculty Defined Contribution Retirement Plan currently has over 400 active participants and over $23.2M in plan assets.

 

 Retirement Plan Details

Address 601 S. Church Street
Winston-Salem, NC 27101 
Industry Educational Services
Administrator Vicki Sheppard
Sponsor Derek Bryan
Net Plan Assets $23,200,000
Total Participants 480
Avg Account Balance $48,000

 Compare Other Companies in Peer Group

Belmont Hill School 79.3
Shipley School 76.6
Paideia School 75.6
The McCallie School 73.6
New York Chiropractic College 67.6
Rivier College 64.5

 Top 3 Funds in this 403b

1. TIAA-CREF Traditional Annuity 44%
2. TIAA-CREF Stock 26%
3. TIAA-CREF Equity Index 5%

  Plan Service Providers

Insurance Carrier Tiaa-Cref
Investment Adviser Millennium Advisory Services, Inc
Auditor Smith Leonard PLLC

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