Lutheran Child & Family Service of Michigan, Inc. dba Wellspring Lutheran Services

Form 5500 Data

Lutheran Child & Family Service of Michigan, Inc. dba Wellspring Lutheran Services

35

Overview

Plan Rating

BrightScope Rating
35
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (22)
Average in Peer Group (49)
Highest in Peer Group (72)

Plan Description

Wellspring Child & Family Service 403(b) Retirement Plan is a defined contribution plan. This plan has a BrightScope Rating of 35. Wellspring Child & Family Service 403(b) Retirement Plan currently has over 200 active participants and over $178.5K in plan assets.

Did you know?

For the average 401k participant, the 37 point difference between this plan's BrightScope Rating (35) and the top rated plan (72) could equate to:
15
Additional years of work
240,717
Lost 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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 4100 Pier North Blvd., Suite A
  • Location
    Flint , MI
  • 48504
  • Industry
    Health Care and Social Assistance
  • Net Plan Assets
    $180,000
  • Total Participants
    290
  • Avg Account Balance
    $1,200

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

Participation Rate:
Below Avg.
Salary Deferrals:
Poor
Account Balance:
Poor

Design

Total Plan Cost:
Highest
Company Generosity:
Average

Performance

Participation Rate:
Above Average
Salary Deferrals:
Below Avg.
Account Balance:
Poor

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

17

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
T. Rowe Price Retirement 46%
27%
Western Asset Core Plus Bond 11%
21%
MassMutual S&P 500 Index 11%
77%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
MassMutual
Insurance Advisor/Broker
Jeffrey John Snider
Insurance Advisor/Broker
Craig L. Miller
Insurance Advisor/Broker
Barbara J. Gill
Insurance Advisor/Broker
Amanda Snider Doren
Insurance Advisor/Broker
Aaron J Snider
Recordkeeper
MassMutual
Administration
The Midwest Pension Group, Inc.
Auditor
Weinlander Fitzhugh

Articles and Questions

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