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Company:
The Tower Group, Inc.
Plan:
The Tower Group, Inc. 401k Plan
 

The Tower Group, Inc.

81 Plan: The Tower Group, Inc. 401k Plan

 
 
81
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87
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For the average 401k participant, the 6 point difference between this plan's BrightScope Rating (81) and the top rated plan (87) could equate to:
[How is this calculated?]
4 additional years of work
Up to $33,800 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

The Tower Group, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 81, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity, Participation Rate, and Salary Deferral. The Tower Group, Inc. 401k Plan currently has over 100 active participants and over $6.7M in plan assets.

 

 Retirement Plan Details

Address 63 Kendrick St, Suite 2
Needham, MA 02494-2708 
Industry Professional, Scientific, and Technical Services
Administrator Traci Beevers
Sponsor Stephen F. Cote
Net Plan Assets $6,690,000
Total Participants 130
Avg Account Balance $52,000

 Top 3 Funds in this 401k

1. BlackRock S&P 500 Index 18%
2. American Funds EuroPacific Growth 16%
3. Bank of America Retirement Preservation Trust 14%

  Plan Service Provider

Auditor Samet & Company P.C.

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