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Company:
G&K Services, Inc.
Plan:
G&K Services 401k Savings Incentive Plan
 

G&K Services, Inc.

58 Plan: G&K Services 401k Savings Incentive Plan

 
 
58
8
58
88
0
10
20
30
40
50
60
70
80
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100
For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (58) and the top rated plan (88) could equate to:
[How is this calculated?]
16 additional years of work
Up to $191,600 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

G&K Services 401k Savings Incentive Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 15% of plans for Total Plan Cost. G&K Services 401k Savings Incentive Plan currently has over 7,100 active participants and over $105.8M in plan assets.

 

 Retirement Plan Details

Address 5995 Opus Parkway
Suite 500
Minnetonka, MN 55343 
Industry Other Services (except Public Administration)
Administrator Carole Ohnstein
Net Plan Assets $106,000,000
Total Participants 7,100
Avg Account Balance $15,000

 Top 3 Funds in this 401k

1. Wells Fargo Advantage Money Market 16%
2. Wells Fargo Advantage Opportunity 10%
3. American Funds Growth Fund of America 9%

  Plan Service Providers

Corporate Trustee Wells Fargo (Wachovia)
Recordkeeper Wells Fargo (Wachovia)
Auditor McGladrey

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