WakeMed
61
Plan:
WakeMed Retirement Savings Plan
10
63
78
0
10
20
30
40
50
60
70
80
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100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (61) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $63,900 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
WakeMed Retirement Savings Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 61. This plan is in the top 15% of plans for Total Plan Cost. WakeMed Retirement Savings Plan currently has over 9,300 active participants and over $282.1M in plan assets.
Retirement Plan Details
| Address |
3000 New Bern Ave
Raleigh, NC 27610 |
| Industry | Health Care and Social Assistance |
| Administrator | Polly Booher |
| Net Plan Assets | $282,000,000 |
| Total Participants | 9,400 |
| Avg Account Balance | $30,000 |
Compare Other Companies in Peer Group
| Meridian Health Systems/Meridian... | 66.0 |
| The Childrens Hospital | 65.9 |
| HealthEast Care System | 65.0 |
| Children's Healthcare of Atlanta | 64.7 |
| Summa Akron City and St. Thomas... | 63.2 |
| Covenant Health | 61.5 |
Top 3 Funds in this 403b
| 1. | VALIC Fixed Interest Option Fund | 12% |
| 2. | American Funds EuroPacific Growth | 12% |
| 3. | Vanguard Total Bond Market Index | 10% |
Plan Service Providers
| Insurance Carrier | Great American Life Insurance Company |
| Insurance Carrier | Valic |
| Insurance Carrier | Transamerica |
| Investment Adviser | Valic |
| Legal Counsel | Valic |
| Corporate Trustee | Great American Life Insurance Company |
| Insurance Advisor/Broker | Great American Life Insurance Company |
| Investment Adviser | Great American Life Insurance Company |
| Legal Counsel | Great American Life Insurance Company |
| Administration | Great American Life Insurance Company |
| Recordkeeper | Great American Life Insurance Company |
| Consultant | Great American Life Insurance Company |
| Auditor | Larson Allen LLP |
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