While driving and passing those elevation signs in the mountains, my Garmin is easily within ~50 ft.  It would probably be more accurate if I slowed down.  Hiking it seems to be quite accurate relative to topo maps.  But that's a 12 channel GPS receiver.  How many channels does it take for a GPS to meet SARSAT/COSPAS spec?  It probably has that much accuracy in elevation too.  ?500 yards? 
_________________________
Better is the Enemy of Good Enough.  
Okay, what’s your point??