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Company:
Alliance Energy Corp.
Plan:
Alliance Energy Corp. 401k Savings and Profit Sharing Plan
 

Alliance Energy Corp.

53 Plan: Alliance Energy Corp. 401k Savings and Profit Sharing Plan

 
 
53
35
60
79
0
10
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For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (53) and the top rated plan (79) could equate to:
[How is this calculated?]
13 additional years of work
Up to $178,800 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

Alliance Energy Corp. 401k Savings and Profit Sharing Plan 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 35% of plans for Total Plan Cost. Alliance Energy Corp. 401k Savings and Profit Sharing Plan currently has over 200 active participants and over $2.1M in plan assets.

 

 Retirement Plan Details

Address 57 Bedford St Ste 102
Lexington, MA 02420-4550 
Industry Heating Oil Dealers
Administrator Mark Cosenza
Net Plan Assets $2,120,000
Total Participants 260
Avg Account Balance $34,000

 Compare Other Companies in Peer Group

North American Propane 64.4
Rice Oil Co. 63.5
Paraco Gas 62.1
Richland Partners, LLC 61.4
G & B Oil Company 60.2
Mercury Fuel Service 58.7

 Top 3 Funds in this 401k

1. Cash Surrender Value of Insurance Policies 75%
2. Participant Loans 8%
3. American Funds EuroPacific Growth 6%

  Plan Service Providers

Insurance Carrier Northwestern Mutual
Auditor Sr Boivin, CPA, PLLC
Insurance Advisor/Broker Paul J. Driscoll
Insurance Advisor/Broker Ralph J. Rotman
Insurance Advisor/Broker James A. Margolis

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