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Company:
Mac-Gray Services, Inc.
Plan:
Mac-Gray Services, Inc. Profit Sharing & 401k Plan
 

Mac-Gray Services, Inc.

62 Plan: Mac-Gray Services, Inc. Profit Sharing & 401k Plan

 
 
62
25
58
89
0
10
20
30
40
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60
70
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90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (62) and the top rated plan (89) could equate to:
[How is this calculated?]
15 additional years of work
Up to $152,600 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

Mac-Gray Services, Inc. Profit Sharing & 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 35% of plans for Account Balances. Mac-Gray Services, Inc. Profit Sharing & 401k Plan currently has over 900 active participants and over $43.6M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
20
Plan Average: 24
Top 3 Funds in this 401k
1. MFS Fixed Fund 12%
2. MFS Research Bond 10%
3. Davis New York Venture 9%

 Retirement Plan Details

Address 404 Wyman Street, Suite 400
Waltham, MA 02451 
Industry Coin-Operated Laundries and Drycleaners
Administrator Joseph Doyle
Net Plan Assets $43,600,000
Total Participants 990
Avg Account Balance $58,000

  Plan Service Providers

Recordkeeper Hartford
Investment Adviser Mesirow Financial
Auditor Leonard, Mulherin & Greene, P.C.

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