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Company:
Optimum Staffing, Inc.
Plan:
Optimum Staffing, Inc. Employees' 401k Plan and Trust Agreement
 

Optimum Staffing, Inc.

46 Plan: Optimum Staffing, Inc. Employees' 401k Plan and Trust Agreement

 
 
46
29
65
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 41 point difference between this plan's BrightScope Rating (46) and the top rated plan (87) could equate to:
[How is this calculated?]
19 additional years of work
Up to $282,100 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

Optimum Staffing, Inc. Employees' 401k Plan and Trust Agreement is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 46. This plan is in the top 35% of plans for Investment Menu Quality. Optimum Staffing, Inc. Employees' 401k Plan and Trust Agreement currently has over 200 active participants and over $1.1M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 3540 Seven Bridge Dr Ste 301
Woodridge, IL 60517-1221 
Industry Mining, Quarrying, and Oil and Gas Extraction
Administrator Sandra Lund
Sponsor Ronald Formento Jr.
Net Plan Assets $1,140,000
Total Participants 220
Avg Account Balance $6,100

 Compare Other Companies in Peer Group

Harrison Gypsum Company 74.0
S. M. Lorusso & Sons 68.0
Coughlan Companies 67.7
American Rock Salt Company LLC 59.4
Con-Agg, L.L.C. 55.6
Washington Mills Electro Minerals 52.2

 Top 3 Funds in this 401k

1. Transamerica Cash Management Fund 21%
2. Oppenheimer Global 18%
3. Transamerica Aggressive Growth Fund 16%

  Plan Service Providers

Insurance Carrier Transamerica
Administration Transamerica
Auditor Trimarco, Radencich, Schwartz
Corporate Trustee Transamerica

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