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Company:
Sommers Schwartz P.C.
Plan:
Sommers Schwartz P.C. Cash Or Deferred Profit Sharing Plan
 

Sommers Schwartz P.C.

67 Plan:

 
 
67
46
78
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (67) and the top rated plan (88) could equate to:
[How is this calculated?]
12 additional years of work
Up to $130,700 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

Sommers Schwartz P.C. Cash Or Deferred Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 15% of plans for Account Balances and Salary Deferral. Sommers Schwartz P.C. Cash Or Deferred Profit Sharing Plan currently has over 100 active participants and over $15.4M in plan assets.


 Investment Menu Statistics

No. of Investment Options
90
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Fidelity Growth Company 11%
2. Fidelity Freedom 2010 10%
3. Fidelity Diversified International 10%

 
Plan Component Ratings

 Retirement Plan Details

Address 2000 Town Ctr Ste 900
Southfield, MI 48075-1142 
Industry Offices of Lawyers
Administrator Steven Schwartz
Net Plan Assets $15,400,000
Total Participants 200
Avg Account Balance $120,000

  Plan Service Providers

Auditor Rehmann Financial
Recordkeeper Fidelity