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

Southerncare, Inc.

41 Plan: Southerncare, Inc. 401k Plan

 
 
41
24
58
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 44 point difference between this plan's BrightScope Rating (41) and the top rated plan (85) could equate to:
[How is this calculated?]
19 additional years of work
Up to $352,600 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.

 

 
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 $2,000

 Compare Other Companies in Peer Group

Braden Partners, L.P. 58.9
Consolidated Health Services 48.8
Crowne Management L.L.C. 43.4
St. Lukes Episcopal Church Home... 36.6
Health Care Management Systems 31.6
Cooperative Home Care Associates 16.3

 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 Service Providers

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

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