Overview

Plan Rating

BrightScope Rating
69
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (3)
Average in Peer Group (68)
Highest in Peer Group (93)

Plan Description

MedStar Health, Inc. Retirement Savings Plan is a defined contribution plan. This plan has a BrightScope Rating of 69. This plan is in the top 15% of plans for Salary Deferral. MedStar Health, Inc. Retirement Savings Plan currently has over 38,300 active participants and over $2.2B in plan assets.

Did you know?

For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (69) and the top rated plan (93) could equate to:
17
Additional years of work
28,925
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 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 10980 Grantchester Way
  • Location
    Columbia , MD
  • 21044
  • Industry
    Health Care and Social Assistance
  • Net Plan Assets
    $2,210,000,000
  • Total Participants
    38,000
  • Avg Account Balance
    $84,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

Participation Rate:
Poor
Salary Deferrals:
Average
Account Balance:
Average

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

29

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Fidelity Freedom Funds 57%
1%
Fidelity 500 Index 10%
10%
Principal Guaranteed Investment Contract 5%
N/A
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
Principal Financial Group
Insurance Carrier
Prudential
Insurance Advisor/Broker
Fidelity
Investment Adviser
Strategic Advisors
Investment Adviser
Kestra Advisory Services, Inc.
Consultant
Kestra Advisory Services, Inc.
Auditor
Kpmg, LLP

Articles and Questions

Boeing Plan Report (Updated)

Boeing Fee Settlement Highlights the High Bar for Large Plans

Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves

Why Do Investment Expenses Matter?
Have a question about retirement plans?
Our community of registered financial advisors are standing by to share their experience.
Ask a question