Southern Mississippi Planning and Development District

Form 5500 Data

Overview

Plan Rating

BrightScope Rating
67
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 (65)
Highest in Peer Group (89)

Plan Description

Southern Mississippi Planning and Development District Defined Contribution Pension Plan is a defined contribution plan. This plan has a BrightScope Rating of 67. This plan is in the top 15% of plans for Company Generosity and Participation Rate. Southern Mississippi Planning and Development District Defined Contribution Pension Plan currently has over 200 active participants and over $7.4M in plan assets.

Did you know?

For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (67) and the top rated plan (89) could equate to:
13
Additional years of work
163,550
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 10441 Corporate Drive Suite 1
  • Location
    Gulfport , MS
  • 39503
  • Industry
    All Other Personal Services
  • Administrator
    Leonard Bentz
  • Net Plan Assets
    $7,380,000
  • Total Participants
    230
  • Avg Account Balance
    $32,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Low Fees
Company Generosity:
Great

Performance

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

Peer Group Plans

Company Rating
Hired 81.5
Salary.Com L.L.C. 80.1
Anonymous Content LLC 74.9
Dillon Aero 74.4
Polaris Home Funding 72.7
Renzi Bros. 63.8

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

57

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
VALIC Fixed Account Plus 31%
N/A
VALIC I Stock Index 10%
N/A
Vanguard LifeStrategy Conservative Growth 6%
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
Valic
Insurance Advisor/Broker
Christopher Craig Logan
Insurance Advisor/Broker
Tootle, Joshua K
Insurance Advisor/Broker
Jeffery W. Lofton
Insurance Advisor/Broker
Robert Browning
Insurance Advisor/Broker
William F. Edwards
Investment Adviser
Valic
Legal Counsel
Valic
Recordkeeper
Valic
Auditor
TMH

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