Baker, Newman & Noyes, LLC
79
Plan:
Baker, Newman & Noyes, LLC 401k Profit Sharing Plan
39
80
90
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 (79) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $113,300 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
Baker, Newman & Noyes, LLC 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 79. This plan is in the top 15% of plans for Account Balances, Company Generosity, and Salary Deferral. Baker, Newman & Noyes, LLC 401k Profit Sharing Plan currently has over 200 active participants and over $24.6M in plan assets.
Retirement Plan Details
| Address |
280 Fore Street
Portland, ME 04101 |
| Industry | Offices of Certified Public Accountants |
| Administrator | E. Drew Cheney |
| Net Plan Assets | $24,600,000 |
| Total Participants | 270 |
| Avg Account Balance | $94,000 |
Compare Other Companies in Peer Group
| Holtz Rubenstein Reminick LLP | 79.6 |
| SC&H Group | 78.9 |
| Clark, Schaefer, Hackett and Co. | 78.4 |
| Clark Nuber P.S. | 76.8 |
| Harding, Shymanski & Company, P.S.C. | 76.6 |
| Loeb & Troper | 65.4 |
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