Spence Group Services, Inc.
45
Plan:
The Spence Group 401k Plan
21
51
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 37 point difference between this plan's BrightScope Rating (45) and the top rated plan (82) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $244,200 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 Spence Group 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 45. This plan is in the top 15% of plans for Investment Menu Quality. The Spence Group 401k Plan currently has over 400 active participants and over $1.7M in plan assets.
Retirement Plan Details
| Address |
335 Commerce Dr
Crystal Lake, IL 60014-3502 |
| Industry | Office Administrative Services |
| Administrator | Karen L. Schafer |
| Net Plan Assets | $1,700,000 |
| Total Participants | 500 |
| Avg Account Balance | $3,400 |
Compare Other Companies in Peer Group
| Orion HealthCorp | 52.0 |
| Towncare Dental Partnership | 50.3 |
| Spring Creek Management | 47.9 |
| Akima/DTSV, LLC | 46.2 |
| MHC Services, LLC | 46.0 |
| Crossroads Healthcare Management | 45.6 |
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