Overview

Plan Rating

BrightScope Rating
39
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (37)
Average in Peer Group (60)
Highest in Peer Group (82)

Plan Description

Southwest Oklahoma Community Action Group, Inc. Section 403(b) Retirement Plan is a defined contribution plan. This plan has a BrightScope Rating of 39. Southwest Oklahoma Community Action Group, Inc. Section 403(b) Retirement Plan currently has over 100 active participants and over $3.5M in plan assets.

Did you know?

For the average 401k participant, the 43 point difference between this plan's BrightScope Rating (39) and the top rated plan (82) could equate to:
20
Additional years of work
302,767
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 900 S Carver Rd
  • Location
    Altus , OK
  • 73521-4602
  • Industry
    Other Services (except Public Administration)
  • Administrator
    Neil Montgomery
  • Net Plan Assets
    $3,540,000
  • Total Participants
    170
  • Avg Account Balance
    $25,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Above Average

Performance

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

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
Mutual of America Retirement 53%
N/A
Mutual of America Interest Accumulation Account 32%
N/A
Mutual of America Equity Index 3%
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
Mutual of America
Insurance Carrier
Various
Insurance Advisor/Broker
Metlife Investors Dist. Co.
Recordkeeper
MetLife
Recordkeeper
Mutual of America Investment Corp
Auditor
Freemon, Shapard & Story

Articles and Questions

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