Sterling Corporation
56
Plan:
Sterling Employee Savings Plan
22
53
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (56) and the top rated plan (79) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $95,000 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.
Retirement Plan Description
Sterling Employee Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 35% of plans for Salary Deferral. Sterling Employee Savings Plan currently has over 100 active participants and over $5.2M in plan assets.
Retirement Plan Details
| Address |
27 Sterling Road
Billerica, MA 01862-2518 |
| Industry | General Freight Trucking, Local |
| Administrator | Peter Loati |
| Sponsor | Peter Gennaro |
| Net Plan Assets | $5,150,000 |
| Total Participants | 160 |
| Avg Account Balance | $33,000 |
Compare Other Companies in Peer Group
| Lakeville Motor Express | 65.0 |
| Ag Trucking | 53.0 |
| Wessin Transport | 49.5 |
| Double D Express | 48.1 |
| Double Eagle Transportation | 42.1 |
| J.H. Walker, Inc. d/b/a Superior... | 40.8 |
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