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Company:
Texas Medical Association
Plan:
Money Purchase Pension Plan for Employees of Texas Medical Association
 

Texas Medical Association

77 Plan: Money Purchase Pension Plan for Employees of Texas Medical Association

 
 
77
30
73
92
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (77) and the top rated plan (92) could equate to:
[How is this calculated?]
10 additional years of work
Up to $157,200 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

Money Purchase Pension Plan for Employees of Texas Medical Association is a defined contribution plan. This plan has a BrightScope Rating of 77. This plan is in the top 15% of plans for Account Balances, Company Generosity, and Participation Rate. Money Purchase Pension Plan for Employees of Texas Medical Association currently has over 200 active participants and over $20.9M in plan assets.

 

 Retirement Plan Details

Address 401 West 15th Street
Austin, TX 78701-1665 
Industry Other Services (except Public Administration)
Administrator Louis Goodman
Net Plan Assets $20,900,000
Total Participants 230
Avg Account Balance $92,000

 Top 3 Funds in this 401k

1. Fidelity Freedom 2020 9%
2. Fidelity Managed Income Portfolio 7%
3. Fidelity Freedom 2030 6%

  Plan Service Provider

Auditor Holtzman, Moellenberg, Panozzo & Pe

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