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Company:
Southerncare, Inc.
Plan:
Southerncare, Inc. 401k Plan
 

Southerncare, Inc.

41 Plan: Southerncare, Inc. 401k Plan

 
 
41
16
58
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 46 point difference between this plan's BrightScope Rating (41) and the top rated plan (87) could equate to:
[How is this calculated?]
21 additional years of work
Up to $326,300 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

Southerncare, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 41. This plan is in the top 35% of plans for Investment Menu Quality. Southerncare, Inc. 401k Plan currently has over 1,300 active participants and over $2.7M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
29
Plan Average: 24
Top 3 Funds in this 401k
1. Maxim Moderate Profile II 17%
2. Key Guaranteed Portfolio Fund 15%
3. Maxim Loomis Sayles Bond Portfolio 8%

 
Plan Component Ratings

 Retirement Plan Details

Address 2204 Lakeshore Drive Suite 475
Birmingham, AL 35209 
Industry Home Health Care Services
Administrator Richard Duren
Net Plan Assets $2,750,000
Total Participants 1,400
Avg Account Balance $8,700

  Plan Service Providers

Insurance Carrier Great-West Life
Auditor Mauldin & Jenkins, LLC

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