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Company:
Academy Bus, LLC
Plan:
Academy Salary Savings Plan
 

Academy Bus, LLC

55 Plan:

 
 
55
27
59
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (55) and the top rated plan (86) could equate to:
[How is this calculated?]
15 additional years of work
Up to $195,500 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

Academy Salary Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Participation Rate. Academy Salary Savings Plan currently has over 700 active participants and over $18.6M in plan assets.

 

 Retirement Plan Details

Address 111 Paterson Avenue
Hoboken, NJ 07030-6012 
Industry Charter Bus Industry
Administrator Francis A. Tedesco
Net Plan Assets $18,600,000
Total Participants 760
Avg Account Balance $26,000

 Top 3 Funds in this 401k

1. Putnam Stable Value Fund 30%
2. Putnam Asset Allocation: Growth 9%
3. Putnam International Equity 8%

  Plan Service Providers

Corporate Trustee Mercer
Recordkeeper Mercer
Auditor Deloitte & Touche, LLP

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