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Company:
Raymond of New Jersey LLC
Plan:
Raymond of New Jersey LLC Employee Retirement & Savings Plan
 

Raymond of New Jersey LLC

57 Plan: Raymond of New Jersey LLC Employee Retirement & Savings Plan

 
 
57
25
58
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (57) and the top rated plan (89) could equate to:
[How is this calculated?]
17 additional years of work
Up to $191,800 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

Raymond of New Jersey LLC Employee Retirement & Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. Raymond of New Jersey LLC Employee Retirement & Savings Plan currently has over 100 active participants and over $3.5M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
29
Plan Average: 24
Top 3 Funds in this 401k
1. Principal Money Market 15%
2. Principal Large Cap S&P 500 Index 12%
3. Principal Bond & Mortgage Securities 10%

 Retirement Plan Details

Address 1000 Brighton St
Union, NJ 07083-6805 
Industry Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
Administrator Carolyn Intemann
Net Plan Assets $3,500,000
Total Participants 140
Avg Account Balance $34,000

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker JFL Consulting, Inc.
Insurance Advisor/Broker Workplace Benefits, Inc.
Administration Principal Financial Group
Auditor Koehler & Company

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