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Company:
World Shipping, Inc.
Plan:
The World Group Savings & Investment Plan
 

World Shipping, Inc.

65 Plan: The World Group Savings & Investment Plan

 
 
65
27
61
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (65) and the top rated plan (86) could equate to:
[How is this calculated?]
11 additional years of work
Up to $123,400 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

The World Group Savings & Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 15% of plans for Investment Menu Quality. The World Group Savings & Investment Plan currently has over 500 active participants and over $21.8M in plan assets.

 

 Retirement Plan Details

Address 1340 Depot Street, Suite 200
Cleveland, OH 44116-1716 
Industry Other Support Activities for Road Transportation
Administrator Greg Damon
Net Plan Assets $21,800,000
Total Participants 550
Avg Account Balance $40,000

 Top 3 Funds in this 401k

1. Schwab Personal Choice Retirement Account 12%
2. Charles Schwab Stable Value Fund 10%
3. Schwab Managed Retirement 2020 8%

  Plan Service Providers

Recordkeeper Charles Schwab
Auditor Barnes Wendling CPAs, LLC

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