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Company:
Chelsea Industries, Inc.
Plan:
Chelsea Industries, Inc. 401k Savings Plan
 

Chelsea Industries, Inc.

65 Plan:

 
 
65
11
54
76
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (65) and the top rated plan (76) could equate to:
[How is this calculated?]
5 additional years of work
Up to $98,900 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

Chelsea Industries, Inc. 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Account Balances and Salary Deferral. Chelsea Industries, Inc. 401k Savings Plan currently has over 100 active participants and over $6.7M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
22
Plan Average: 24
Top 3 Funds in this 401k
1. Dreyfus Core Equity 15%
2. BlackRock Global Allocation 14%
3. Bank of America Retirement Preservation Trust 13%

 Retirement Plan Details

Address 58 Pulaski Street
Po Box 3409
Peabody, MA 01960 
Industry Manufacturing
Administrator Emil S. Bernstein
Net Plan Assets $6,690,000
Total Participants 180
Avg Account Balance $60,000

  Plan Service Providers

Recordkeeper ADP
Auditor Rucci, Bardaro & Barrett, Pc

 Comments