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Company:
South Carolina Student Loan Purchase Pension Plan
Plan:
South Carolina Student Loan Corporation Money Purchase Pension Plan
 

South Carolina Student Loan Purchase Pension Plan

49 Plan:

 
 
49
7
59
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 37 point difference between this plan's BrightScope Rating (49) and the top rated plan (86) could equate to:
[How is this calculated?]
17 additional years of work
Up to $261,300 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

South Carolina Student Loan Corporation Money Purchase Pension Plan is a defined contribution plan. This plan has a BrightScope Rating of 49. This plan is in the top 35% of plans for Investment Menu Quality, Participation Rate, and Total Plan Cost. South Carolina Student Loan Corporation Money Purchase Pension Plan currently has over 200 active participants and over $5.3M in plan assets.

 

 Retirement Plan Details

Address Po Box 21487
Columbia, SC 29221-1487 
Industry All Other Nondepository Credit Intermediation
Administrator South Carolina Student Loan Money
Sponsor South Carolina Student Loan
Net Plan Assets $5,330,000
Total Participants 200
Avg Account Balance $26,000

 Top 3 Funds in this 401k

1. Federated Total Return Government 16%
2. American Funds Growth Fund of America 10%
3. Diamond Hill Large Cap 9%

  Plan Service Provider

Auditor Derrick Stubbs & Stith

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