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 (18)
Average in Peer Group (72)
Highest in Peer Group (92)

Plan Description

Sharp$aver Defined Contribution Plan is a defined contribution plan. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Total Plan Cost. Sharp$aver Defined Contribution Plan currently has over 22,500 active participants and over $714.4M in plan assets.

Did you know?

For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (62) and the top rated plan (92) could equate to:
19
Additional years of work
67,876
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 8695 Spectrum Center Blvd.
  • Location
    San Diego , CA
  • 92123-1489
  • Industry
    Health Care and Social Assistance
  • Administrator
    Pat Johnson
  • Sponsor
    Jennifer Gardyne
  • Net Plan Assets
    $714,000,000
  • Total Participants
    23,000
  • Avg Account Balance
    $43,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Average

Performance

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

Design

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

Performance

Participation Rate:
Poor
Salary Deferrals:
Below Avg.
Account Balance:
Poor
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

13

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Russell Large Cap US Value 29%
N/A
Russell Fixed Income I 14%
N/A
Russell Investment Contract Fund 13%
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
Recordkeeper
Alight Financial Solutions, LLC
Auditor
Hutchinson & Bloodgood

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

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