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Company:
Southern Air, Inc.
Plan:
Southern Air, Inc. 401k Savings Plan
 

Southern Air, Inc.

56 Plan: Southern Air, Inc. 401k Savings Plan

 
 
56
32
64
90
0
10
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30
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60
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90
100
For the average 401k participant, the 34 point difference between this plan's BrightScope Rating (56) and the top rated plan (90) could equate to:
[How is this calculated?]
18 additional years of work
Up to $232,500 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

Southern Air, Inc. 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 35% of plans for Investment Menu Quality. Southern Air, Inc. 401k Savings Plan currently has over 500 active participants and over $5.7M in plan assets.

 

 Retirement Plan Details

Address 117 Glover Ave
Norwalk, CT 06850 
Industry Transportation and Warehousing
Administrator Judith Ackley
Net Plan Assets $5,730,000
Total Participants 580
Avg Account Balance $9,800

 Compare Other Companies in Peer Group

World Airways 67.5
Doss Aviation 66.4
AirTran Airways 64.2
AirNet Systems 59.9
Piedmont Airlines 56.9
Kalitta Air, LLC 44.0

 Top 3 Funds in this 401k

1. Great-West Life Guaranteed Portfolio Fund 35%
2. American Funds EuroPacific Growth 5%
3. Maxim S&P 500 Index 5%

  Plan Service Providers

Insurance Carrier Great-West Life
Insurance Advisor/Broker Financial Network Investment Corporation
Auditor Weinstein and Anastasio, P.C.

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