BrightScope Lists the Top 25 Virginia Beach Area-Based Companies With the Best 401k Plans
Newcomers Emergency Physicians of Tidewater, P.L.C. and Children's Specialty Group, PLLC Sweep Top Two Spots
(firmenpresse) - SAN DIEGO, CA -- (Marketwire) -- 11/15/12 -- BrightScope (), a leading provider of independent financial information and investment research, today announced its second round list of the top Virginia Beach area-based companies with the highest ranked 401k plans containing more than $10 million in assets. This year BrightScope has extended the list to include the top 25 companies.
BrightScope obtains an increasing amount of its data directly from plan sponsors and record keepers, and augments these primary sources with data from publicly available sources such as the Department of Labor and the Securities and Exchange Commission. By analyzing and interpreting this data, BrightScope provides unprecedented transparency into the 401k industry.
"We are pleased to share this list of the top Virginia Beach companies and the robust plans they offer," said Dan Weeks, Co-Founder and Chief Evangelist of BrightScope. "One of the many reasons we created the BrightScope Rating was to share these lists and show other companies and employees the specific benefits and components required to make a reliable 401k plan and ensure a dignified retirement."
Noteworthy findings in the 2012 Top 25 Virginia Beach 401k Plans list include:
Newcomers Emergency Physicians of Tidewater, P.L.C. and Children's Specialty Group, PLLC take the top two spots
Six of the 10 companies from the previous list made an appearance this year
Jump in rank: Gastrointestinal & Liver Specialists of Tidewater, PLLC moved up four spots from No. 8 to No. 4
Drop in rank: Five of the previous 10 companies included on last year's list dropped at least one spot, most notably -- Willcox & Savage, P.C. dropped four places from 4th to 8th, Kaufman & Canoles, A Professional Corporation fell six ranks from No. 3 to No. 9, Vandeventer Black, LLP slipped eight spots from 2nd to 10th, and Tidewater Physicians Multispecialty Group, P.C. descended eleven places from No. 5 to No. 16
Notable Newcomers: Newcomers dominated this year's list, with Emergency Physicians of Tidewater, P.L.C. taking the top spot; Children's Specialty Group, PLLC (No. 2), Cardiology Consultants, Ltd. (No. 3), Atlantic Anesthesia, Inc. (No. 5), and American Maritime Holdings, Inc. (No. 6), among others.
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1. Emergency Physicians of Tidewater, P.L.C. - - 89.80
2. Children's Specialty Group, PLLC - - 85.59
3. Cardiology Consultants, Ltd. - - 81.98
4. Gastrointestinal & Liver Specialists of Tidewater, PLLC - - 81.32
5. Atlantic Anesthesia, Inc. - - 81.22
6. American Maritime Holdings, Inc. - - 81.15
7. Atlantic Anesthesia, Inc. - - 80.25
8. Willcox & Savage, P.C. - - 80.08
9. Kaufman & Canoles, A Professional Corporation - - 79.54
10. Vandeventer Black, LLP - - 79.14
11. Cardiovascular Associates, Ltd. - - 79.04
12. Anheuser-Busch, Inc. - - 78.22
13. Virginia Oncology Associates, P.C. - - 78.19
14. Norfolk Southern Corporation - - 77.36
15. W. M. Jordan Company, Inc. - - 77.26
16. Tidewater Physicians Multispecialty Group, P.C. - - 77.17
17. TowneBank - - 76.49
18. Dixon Hughes PLLC - - 75.94
19. Damuth Services, Inc. - - 75.66
20. Zel Technologies, LLC - - 75.28
21. Plasser American Corporation - - 74.83
22. Lakeview Medical Center, Inc. - - 74.62
23. Liebherr Mining & Construction Equipment, Inc. - - 73.96
24. Children's Medical Group, Inc. - - 71.84
25. CMA CGM America, LLC - - 71.84
BrightScope's 401k plan Rating was developed by BrightScope, Inc. with the help of leading academics and independent 401k fiduciaries. Analyzing more than 200 individual data points, the BrightScope Rating algorithm can calculate a single numerical score for each 401k plan in the country. The data points examined cover broad categories such as total plan cost, company generosity and investment menu quality.
The company has rated more than 46,000 retirement plans, spanning 30 million workers and $2 trillion in assets, and provided information on more than 770,000 financial advisors. Industry adoption of the BrightScope Rating will lead to more cost-effective plans, increased participation rates, higher employee satisfaction and better outcomes for the 60 million employees who depend on their 401k plan for retirement.
BrightScope is a financial information company that brings transparency to opaque markets through independent research and analysis. Delivered through web-based software, BrightScope data drives better decision-making for individual investors, corporate plan sponsors, asset managers, broker-dealers, and financial advisors. The BrightScope Rating™, developed in partnership with leading independent 401k fiduciaries, reviews more than 200 unique data inputs per plan and calculates a single numerical score which defines plan quality at the company level. In April 2011, the company launched BrightScope Advisor Pages™, the first comprehensive and publicly available directory of financial advisors designed to help consumers discover information and conduct due diligence on wealth management professionals. BrightScope also markets a suite of data analytics software products to Fortune 1000 companies, asset managers, broker-dealers, financial advisors, and other market participants. Public ratings for more than 46,000 retirement plans as well as rating definitions, criteria and methodologies, and information on more than 770,000 financial advisors and nearly 45,000 advisory firms are available for free at .
Jen Harding
Atomic PR for BrightScope
415-593-1400
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Datum: 15.11.2012 - 14:00 Uhr
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