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Company:
The Gage Company
Plan:
The Gage Company and Participating Companies Profit Sharing Plan
 

The Gage Company

51 Plan: The Gage Company and Participating Companies Profit Sharing Plan

 
 
51
33
62
87
0
10
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For the average 401k participant, the 36 point difference between this plan's BrightScope Rating (51) and the top rated plan (87) could equate to:
[How is this calculated?]
19 additional years of work
Up to $234,400 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 Gage Company and Participating Companies Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 51. This plan is in the top 35% of plans for Total Plan Cost. The Gage Company and Participating Companies Profit Sharing Plan currently has over 200 active participants and over $6.0M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
10
Plan Average: 24
Top 3 Funds in this 401k
1. Prudential Guaranteed Income Fund 70%
2. Prudential S&P 500 Index 6%
3. Prudential Balanced 4%

 Retirement Plan Details

Address 172-174 St. John Street
Portland, ME 04102 
Industry Wholesale Trade
Administrator Patrick T Chute
Net Plan Assets $6,010,000
Total Participants 210
Avg Account Balance $44,000

  Plan Service Providers

Insurance Carrier Prudential
Administration Prudential
Recordkeeper Prudential
Auditor Caron & Bletzer, PLLC

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