Bangor Publishing
61
Plan:
The Bangor Publishing Company Savings/Security Plan
37
62
83
0
10
20
30
40
50
60
70
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100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (61) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $139,600 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 Bangor Publishing Company Savings/Security Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 35% of plans for Account Balances. The Bangor Publishing Company Savings/Security Plan currently has over 200 active participants and over $12.2M in plan assets.
Retirement Plan Details
| Address |
491 Main Street
Bangor, ME 04401 |
| Industry | Newspaper Publishers |
| Administrator | Timothy Reynolds |
| Net Plan Assets | $12,200,000 |
| Total Participants | 270 |
| Avg Account Balance | $46,000 |
Compare Other Companies in Peer Group
| Beacon Journal Publishing Co. | 68.6 |
| Press-Enterprise | 60.3 |
| The Herald | 57.3 |
| Northwest Media, Washington, L.P. | 57.2 |
| Observer Publishing Company | 55.1 |
| The New York Times Company | 50.7 |
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