Overview

Plan Rating

BrightScope Rating
79
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (9)
Average in Peer Group (70)
Highest in Peer Group (89)

Plan Description

SurgiCor 401k Savings and Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 79, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Salary Deferral. SurgiCor 401k Savings and Retirement Plan currently has over 100 active participants and over $11.6M in plan assets.

Did you know?

For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (79) and the top rated plan (89) could equate to:
7
Additional years of work
63,588
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 318 Seaboard Lane Suite 305
  • Location
    Franklin , TN
  • 37067
  • Industry
    Other Miscellaneous Nondurable Goods Merchant Wholesalers
  • Administrator
    Cara Rasnic
  • Net Plan Assets
    $11,600,000
  • Total Participants
    190
  • Avg Account Balance
    $62,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Poor

Performance

Participation Rate:
Above Average
Salary Deferrals:
Great
Account Balance:
Above Average

Design

Total Plan Cost:
Low Fees
Company Generosity:
Poor

Performance

Participation Rate:
Above Average
Salary Deferrals:
Great
Account Balance:
Average

Peer Group Plans

Company Rating
Wmg Services, Llc 81.2
Quali Tech 80.0
Universal Photonics 76.5
Jarrow Formulas 69.6
G T Sales & Manufacturing 69.3
Drew Marine 52.7

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

27

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard Group Target Retirement 55%
34%
Vanguard 500 Index 10%
21%
Fidelity Contrafund 9%
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
Investment Adviser
Wells Fargo Advisors Financial Network, LLC
Recordkeeper
Vanguard Group
Auditor
Jason Underwood, CPA, PLLC

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