Overview

Plan Rating

BrightScope Rating
62
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (44)
Average in Peer Group (71)
Highest in Peer Group (84)

Plan Description

Citra Health 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. Citra Health 401k Plan currently has over 200 active participants and over $3.4M in plan assets.

Did you know?

For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (62) and the top rated plan (84) could equate to:
11
Additional years of work
189,524
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 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 500 Southborough Dr
  • Location
    South Portland , ME
  • 04106
  • Industry
    Other Computer Related Services
  • Administrator
    Angel Shiver
  • Net Plan Assets
    $3,360,000
  • Total Participants
    260
  • Avg Account Balance
    $14,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Poor

Performance

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

Design

Total Plan Cost:
Low Fees
Company Generosity:
Below Avg.

Performance

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

Peer Group Plans

Company Rating
Skykick 75.2
GuideSpark 72.6
Tekstream Solutions, L.L.C. 66.6
Onix Networking 61.9
Datamatics Global Services 56.7
LBC Holdings 48.8

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
American Funds (Capital Group) Target Date Retirement 76%
8%
Fidelity 500 Index 6%
12%
MFS Value 4%
71%
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
Voya Financial (ING)
Corporate Trustee
Hauser Retirement Solutions, LLC
Recordkeeper
Hauser Retirement Solutions, LLC
Recordkeeper
ADP
Auditor
Baker Newman Noyes LLC

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?
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