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Company:
Foster, Swift, Collins & Smith, P.C.
Plan:
Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan
 

Foster, Swift, Collins & Smith, P.C.

81 Plan: Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan

 
 
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For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (81) and the top rated plan (89) could equate to:
[How is this calculated?]
5 additional years of work
Up to $85,000 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

Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 81. This plan is in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan currently has over 200 active participants and over $40.4M in plan assets.

 

 Retirement Plan Details

Address 313 S. Washington Square
Lansing, MI 48933-2193 
Industry Offices of Lawyers
Administrator Terry A. Blakely
Sponsor Michael D. Sanders
Net Plan Assets $40,400,000
Total Participants 230
Avg Account Balance $180,000

 Top 3 Funds in this 401k

1. Vanguard Balanced Index 15%
2. Vanguard PRIMECAP 12%
3. PIMCO Total Return 10%

  Plan Service Providers

Insurance Carrier Ohio National Life
Recordkeeper Charles Schwab
Auditor Warmels & Comstock PLLC

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