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

G&K Services, Inc.

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

 
 
59
39
71
89
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 (59) and the top rated plan (89) could equate to:
[How is this calculated?]
16 additional years of work
Up to $166,700 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

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 59. This plan is in the top 35% of plans for Investment Menu Quality and Total Plan Cost. G&K Services 401k Savings Incentive Plan currently has over 7,300 active participants and over $144.8M in plan assets.


 Investment Menu Statistics

No. of Investment Options
13
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Wells Fargo Advantage Dow Jones Target 2030 13%
2. Wells Fargo Advantage Money Market 12%
3. Wells Fargo Advantage Dow Jones Target 2040 10%

 Retirement Plan Details

Address 5995 Opus Parkway
Suite 500
Minnetonka, MN 55343 
Industry Other Services (except Public Administration)
Administrator Carole Ohnstein
Net Plan Assets $145,000,000
Total Participants 7,400
Avg Account Balance $27,000

 Compare Other Companies in Peer Group

AmeriPride Services 64.4
Alsco 64.4
Unifirst 62.8
Weight Watchers International 59.8
Stewart Enterprises 55.9
Ratner Companies 55.7

  Plan Service Providers

Corporate Trustee Wells Fargo
Recordkeeper Wells Fargo
Auditor McGladrey Wealth Management LLC