Townsend Management Company, LLC
56
Plan:
The Townsend Hotel 401k Plan
23
50
71
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (56) and the top rated plan (71) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $126,600 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 Townsend Hotel 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. The Townsend Hotel 401k Plan currently has over 100 active participants and over $1.5M in plan assets.
Retirement Plan Details
| Address |
100 Townsend St
Birmingham, MI 48009-6068 |
| Industry | Hotels (except Casino Hotels) and Motels |
| Administrator | Steve Roth |
| Sponsor | David Sillman |
| Net Plan Assets | $1,540,000 |
| Total Participants | 180 |
| Avg Account Balance | $8,400 |
Compare Other Companies in Peer Group
| Arizona Inn Company | 54.3 |
| Lago Mar Properties, Inc 401k Plan | 53.3 |
| Lenoch Countryside Properties, LLC | 52.4 |
| Midway Hotels | 50.8 |
| Maddux Hotel | 45.8 |
| Heartland Inns of America LLC | 32.8 |
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