Torex Retail US, Inc.
82
Plan:
Torex Retail US, Inc. 401k Profit Sharing Plan
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62
85
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For the average 401k participant, the 3 point difference between this plan's BrightScope Rating (82) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
1 additional year of work Up to $79,800 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
Torex Retail US, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 82, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Investment Menu Quality and Salary Deferral. Torex Retail US, Inc. 401k Profit Sharing Plan currently has over 200 active participants and over $14.4M in plan assets.
Retirement Plan Details
| Address |
20 Altieri Way Unit 6
Warwick, RI 02886-1761 |
| Industry | Wholesale Trade |
| Administrator | Brian Vargo |
| Net Plan Assets | $14,400,000 |
| Total Participants | 300 |
| Avg Account Balance | $48,000 |
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