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Company:
Garan Lucow Miller, P.C.
Plan:
Garan Lucow Miller, P.C. Profit Sharing Plan and Trust
 

Garan Lucow Miller, P.C.

80 Plan: Garan Lucow Miller, P.C. Profit Sharing Plan and Trust

 
 
80
55
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (80) and the top rated plan (91) could equate to:
[How is this calculated?]
8 additional years of work
Up to $60,500 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

Garan Lucow Miller, P.C. Profit Sharing Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 80. This plan is in the top 15% of plans for Account Balances, Company Generosity, and Total Plan Cost. Garan Lucow Miller, P.C. Profit Sharing Plan and Trust currently has over 200 active participants and over $42.0M in plan assets.


 Investment Menu Statistics

No. of Investment Options
18
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Schwab Personal Choice Retirement Account 37%
2. Schwab S&P 500 Index 12%
3. Schwab Fundamental International Large Company Index 7%

 Retirement Plan Details

Address Woodbridge Place 1000 Woodbridge St
Detroit, MI 48207-3192 
Industry Offices of Lawyers
Administrator David Sabbath
Net Plan Assets $42,000,000
Total Participants 220
Avg Account Balance $200,000

 
Plan Service Providers

Insurance Carrier Voya Financial (ING)
Insurance Carrier The National Life Group
Insurance Carrier Phoenix Wealth Management
Insurance Carrier Jackson National Life
Investment Adviser James Investment Research
Investment Adviser Charles Schwab
Recordkeeper Charles Schwab
Investment Adviser Exchange Capital Management
Investment Adviser Clarkston Capital Partners LLC
Auditor Correll Associates Pc