Varnum, Riddering, Schmidt & Howlett, Llp
86
Plan:
46
78
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 2 point difference between this plan's BrightScope Rating (86) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
2 additional years of workThe 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
Varnum, Riddering, Schmidt & Howlett LLP Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 86, 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, Participation Rate, Salary Deferral, and Total Plan Cost. Varnum, Riddering, Schmidt & Howlett LLP Retirement Savings Plan currently has over 300 active participants and over $88.3M in plan assets.
Retirement Plan Details
| Address |
333 Bridge St Nw
Po Box 352 Grand Rapids, MI 49501-0352 |
| Industry | Offices of Lawyers |
| Administrator | Larry Titley |
| Net Plan Assets | $88,300,000 |
| Total Participants | 320 |
| Avg Account Balance | $280,000 |
Compare Other Companies in Peer Group
| Bricker & Eckler LLP | 85.5 |
| Godfrey & Kahn, S.C. | 82.3 |
| Foley Hoag LLP | 82.0 |
| Wildman, Harrold, Allen & Dixon LLP | 81.1 |
| Shipman & Goodwin LLP | 79.9 |
| Schiff Hardin LLP | 79.0 |
Top 3 Funds in this 401k
| 1. | Self-Directed Brokerage Accounts | 32% |
| 2. | Fidelity Spartan US Bond Index | 11% |
| 3. | Fidelity Growth Company | 7% |
Plan Service Providers
| Insurance Carrier | Northwestern Mutual |
| Insurance Carrier | MassMutual |
| Insurance Advisor/Broker | George T. Slikkers |
| Insurance Advisor/Broker | Gordon Elgersma |
| Insurance Advisor/Broker | Charles Samfilippo, Jr. |
| Recordkeeper | Grand Wealth Management |
| Recordkeeper | PNC |
| Administration | MassMutual |
| Auditor | Plante & Moran, PLLC |
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