Collins Medical Associates, II P.C.

69
Form 5500 Data

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 (39)
Average in Peer Group (77)
Highest in Peer Group (92)

Plan Description

Collins Medical Associates II, P.C. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69. This plan is in the top 15% of plans for Account Balances and Salary Deferral. Collins Medical Associates II, P.C. 401k Plan currently has over 200 active participants and over $20.0M in plan assets.

Did you know?

For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (69) and the top rated plan (92) could equate to:
15
Additional years of work
116,776
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 95 Woodland St.
  • Location
    Hartford , CT
  • 06105
  • Industry
    Offices of Physicians (except Mental Health Specialists)
  • Administrator
    Susan Link
  • Net Plan Assets
    $20,000,000
  • Total Participants
    230
  • Avg Account Balance
    $140,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Above Average

Performance

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

Design

Total Plan Cost:
High Fees
Company Generosity:
Above Average

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

25

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Putnam Stable Value Fund 22%
N/A
Nationwide S&P 500 Index 9%
64%
MFS Massachusetts Investors Growth Stock 8%
91%
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
Transamerica
Recordkeeper
Transamerica Retirement Advisors, LLC
Auditor
Marcum LLP

Articles and Questions

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