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Company:
Summit Career College
Plan:
Summit Career College 401k Profit Sharing Plan
 

Summit Career College

37 Plan: Summit Career College 401k Profit Sharing Plan

 
 
37
32
67
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 50 point difference between this plan's BrightScope Rating (37) and the top rated plan (87) could equate to:
[How is this calculated?]
22 additional years of work
Up to $292,800 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

Summit Career College 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 37. This plan is in the top 35% of plans for Investment Menu Quality. Summit Career College 401k Profit Sharing Plan currently has over 300 active participants and over $1.8M in plan assets.

 

 Retirement Plan Details

Address 851 S. Cooley Drive
Colton, CA 92324 
Industry Educational Services
Administrator Jenon Anderson
Net Plan Assets $1,760,000
Total Participants 370
Avg Account Balance $4,800

 Top 3 Funds in this 401k

1. Nationwide Money Market 17%
2. Federated High-Yield 10%
3. Janus Forty 8%

  Plan Service Providers

Insurance Carrier Nationwide
Recordkeeper Nationwide
Recordkeeper Innovative Pension Strategy & Design
Investment Adviser Essex National Securities, Inc.
Auditor Weworski & Associates

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