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Company:
SPS New England, Inc.
Plan:
SPS New England, Inc. Profit Sharing/Retirement Plan
 

SPS New England, Inc.

70 Plan: SPS New England, Inc. Profit Sharing/Retirement Plan

 
 
70
21
63
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (70) and the top rated plan (86) could equate to:
[How is this calculated?]
9 additional years of work
Up to $114,300 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

SPS New England, Inc. Profit Sharing/Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 15% of plans for Company Generosity. SPS New England, Inc. Profit Sharing/Retirement Plan currently has over 300 active participants and over $13.6M in plan assets.

 

 Retirement Plan Details

Address 98 Elm Street
Salisbury, MA 01952 
Industry Land Subdivision
Administrator Daniel P. Batterton
Net Plan Assets $13,600,000
Total Participants 320
Avg Account Balance $54,000

 Top 3 Funds in this 401k

1. American Funds Target Date Retirement 2010 16%
2. American Funds Target Date Retirement 2030 13%
3. American Funds Target Date Retirement 2020 8%

  Plan Service Providers

Administration The Angell Pension Group, Inc.
Auditor Leone, Morrissey, He

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