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Company:
Monroe Evening News
Plan:
Monroe Publishing Company Employee Stock Ownership Plan
 

Monroe Evening News

74 Plan: Monroe Publishing Company Employee Stock Ownership Plan

 
 
74
32
62
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (74) and the top rated plan (83) could equate to:
[How is this calculated?]
5 additional years of work
Up to $64,500 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

Monroe Publishing Company Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component, 401k feature, and leveraged ESOP component. This plan has a BrightScope Rating of 74, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, and Total Plan Cost. Monroe Publishing Company Employee Stock Ownership Plan currently has over 100 active participants and over $13.9M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
21
Plan Average: 24
Top 3 Funds in this 401k
1. Monroe Publishing Company 85%
2. PIMCO Total Return 2%
3. Goldman Sachs Financial Square Money Market 1%

 Retirement Plan Details

Address 20 W 1st St
Monroe, MI 48161-2333 
Industry Newspaper Publishers
Administrator Jay Hollon
Net Plan Assets $13,900,000
Total Participants 170
Avg Account Balance $88,000

  Plan Service Providers

Legal Counsel McDermott Will & Emery
Auditor Godfrey Hammel, Danneels & Company

 Comments