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Company:
Railroad Construction Company, Inc.
Plan:
The Railroad Construction Family of Companies 401k Plan
 

Railroad Construction Company, Inc.

78 Plan: The Railroad Construction Family of Companies 401k Plan

 
 
78
33
62
84
0
10
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70
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100
For the average 401k participant, the 6 point difference between this plan's BrightScope Rating (78) and the top rated plan (84) could equate to:
[How is this calculated?]
3 additional years of work
Up to $1,600 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

The Railroad Construction Family of Companies 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 78, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Investment Menu Quality, and Salary Deferral. The Railroad Construction Family of Companies 401k Plan currently has over 100 active participants and over $8.1M in plan assets.

 

 Retirement Plan Details

Address 75-77 Grove Street
Paterson, NJ 07503 
Industry Highway, Street, and Bridge Construction
Administrator Lauren Elsaesser
Net Plan Assets $8,130,000
Total Participants 120
Avg Account Balance $67,000

 Top 3 Funds in this 401k

1. Principal LifeTime 2030 13%
2. Total Common Stocks 11%
3. Principal Fixed Income 401(a)/(k) 11%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Administration Principal Financial Group
Auditor Woodworth & St. John, LLC
Insurance Advisor/Broker UBS

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