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Company:
Abraxas Corporation
Plan:
Abraxas Corporation Profit Sharing Plan
 

Abraxas Corporation

83 Plan:

 
 
83
21
72
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (83) and the top rated plan (87) could equate to:
[How is this calculated?]
3 additional years of work
Up to $32,400 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

Abraxas Corporation Profit Sharing Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 83, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity, Investment Menu Quality, and Total Plan Cost. Abraxas Corporation Profit Sharing Plan currently has over 500 active participants and over $24.4M in plan assets.

 

 Retirement Plan Details

Address 12801 Worldgate Drive Suite 800
Herndon, VA 20170-6029 
Industry All Other Professional, Scientific, and Technical Services
Administrator Wesley R. Husted
Net Plan Assets $24,400,000
Total Participants 600
Avg Account Balance $44,000

 Top 3 Funds in this 401k

1. Vanguard Federal Money Market 30%
2. Vanguard Target Retirement 2015 6%
3. Vanguard Prime Money Market 5%

  Plan Service Provider

Auditor Ryan Sharkey, LLP

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