Sole Proprietor, Inc.
30
Plan:
Sole Proprietor, Inc. Profit Sharing Plan
3
55
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 54 point difference between this plan's BrightScope Rating (30) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
23 additional years of work Up to $440,400 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
Sole Proprietor, Inc. Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 30. Sole Proprietor, Inc. Profit Sharing Plan currently has over 100 active participants and over $2.9M in plan assets.
Retirement Plan Details
| Address |
118 Highland St
Worcester, MA 01609-2731 |
| Industry | Full-Service Restaurants |
| Administrator | Robbin B. Ahlquist |
| Net Plan Assets | $2,860,000 |
| Total Participants | 190 |
| Avg Account Balance | $15,000 |
Compare Other Companies in Peer Group
| Pizza Properties, Ltd. | 58.8 |
| Chinn Enterprises | 44.8 |
| Kelly's Roast Beef | 44.2 |
| Twin Oaks | 41.1 |
| The Kershaw Group | 40.7 |
| Stan Clark Companies | 34.7 |
Top 3 Funds in this 401k
| 1. | Total Guaranteed Investment Contracts | 12% |
| 2. | John Hancock Guaranteed Interest Accounts | 11% |
| 3. | Self-Directed Brokerage Accounts | 11% |
Plan Service Providers
| Insurance Carrier | Lincoln Financial |
| Insurance Carrier | EquiTrust Financial |
| Insurance Carrier | All American Life Insurance Company |
| Insurance Carrier | Fort Dearborn Life Insurance Company |
| Insurance Carrier | MassMutual |
| Insurance Carrier | Ohio National Life |
| Insurance Carrier | John Hancock |
| Insurance Advisor/Broker | Legend Equities Corporation |
| Insurance Advisor/Broker | Commonwealth Financial Network |
| Administration | Lincoln Financial |
| Recordkeeper | Fringe Benefit Management, Inc. |
| Auditor | Stowe & Degon |
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