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Company:
Payroll 1, Inc.
Plan:
Payroll 1, Inc. 401k Plan
 

Payroll 1, Inc.

60 Plan: Payroll 1, Inc. 401k Plan

 
 
60
35
73
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (60) and the top rated plan (90) could equate to:
[How is this calculated?]
17 additional years of work
Up to $154,900 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

Payroll 1, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. Payroll 1, Inc. 401k Plan currently has over 100 active participants and over $4.3M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 34100 Woodward Avenue Suite 250
Birmingham, MI 48009 
Industry Payroll Services
Administrator Lisa Havlish
Net Plan Assets $4,270,000
Total Participants 170
Avg Account Balance $25,000

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PRemployer 44.2

 Top 3 Funds in this 401k

1. American Funds Growth Fund of America 15%
2. Templeton Foreign 14%
3. Franklin Balance Sheet Investment 13%

  Plan Service Provider

Auditor Plante & Moran, PLLC

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