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Company:
S. M. Lorusso & Sons, Inc.
Plan:
S. M. Lorusso & Sons, Inc. 401k Plan
 

S. M. Lorusso & Sons, Inc.

65 Plan: S. M. Lorusso & Sons, Inc. 401k Plan

 
 
65
35
75
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (65) and the top rated plan (91) could equate to:
[How is this calculated?]
15 additional years of work
Up to $198,800 in lost retirement 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.

 

Retirement Plan Description

S. M. Lorusso & Sons, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 15% of plans for Participation Rate. S. M. Lorusso & Sons, Inc. 401k Plan currently has over 100 active participants and over $6.3M in plan assets.

 

 Retirement Plan Details

Address 331 West Street
Po Box 230
Walpole, MA 02081 
Industry Mining, Quarrying, and Oil and Gas Extraction
Administrator Antonio J. Lorusso III
Net Plan Assets $6,340,000
Total Participants 110
Avg Account Balance $57,000

 Top 3 Funds in this 401k

1. American Century LIVESTRONG 2015 14%
2. JPMorgan Core Bond 10%
3. American Century LIVESTRONG 2020 8%

  Plan Service Providers

Recordkeeper ADP
Auditor Darmody, Merlino & Co., LLP

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