BrightScope Rating
Company:
A-Affordable Insurance Agency
Plan:
A-Affordable Insurance 401k Profit Sharing Plan & Trust
A-Affordable Insurance Agency
53
Plan:
A-Affordable Insurance 401k Profit Sharing Plan & Trust
8
64
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 38 point difference between this plan's BrightScope Rating (53) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
20 additional years of work Up to $178,000 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.
Plan Description
A-Affordable Insurance 401k Profit Sharing Plan & Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. This plan is in the top 15% of plans for Investment Menu Quality. A-Affordable Insurance 401k Profit Sharing Plan & Trust currently has fewer than 100 active participants and over $641.4K in plan assets.
Plan Details
| Address | 114 Concord St Framingham, MA 01702 |
| Industry | Insurance Agencies & Brokerages |
| Administrator | Larry E. Smith |
| Net Plan Assets | $640,000 |
| Total Participants | 120 |
| Avg Account Balance | $5,400 |
Top 3 Investment Holdings
| 1. | Fidelity Advisor Equity Growth | 36% |
| 2. | Fidelity Advisor Growth Opportunities | 22% |
| 3. | Fidelity Advisor Equity Income | 15% |
Other Companies in Peer Group
| Trillium Trading, LLC | 71.8 |
| First Federal of Northern Michigan | 59.8 |
| SMW Trading Company | 59.3 |
| The Rigg Group | 42.1 |
| Pamrapo Savings Bank, SLA | 40.1 |
| Ceres Group | 36.6 |
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