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Company:
ABC Bus Companies, Inc.
Plan:
ABC Bus Companies, Inc. Employees Retirement Plan
 

ABC Bus Companies, Inc.

55 Plan: ABC Bus Companies, Inc. Employees Retirement Plan

 
 
55
15
55
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (55) and the top rated plan (78) could equate to:
[How is this calculated?]
10 additional years of work
Up to $119,700 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

ABC Bus Companies, Inc. Employees Retirement Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Investment Menu Quality. ABC Bus Companies, Inc. Employees Retirement Plan currently has over 500 active participants and over $12.1M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
33
Plan Average: 24
Top 3 Funds in this 401k
1. John Hancock Retirement Living through 2025 9%
2. John Hancock Retirement Living through 2020 9%
3. John Hancock Funds II Lifestyle Aggressive 8%

 Retirement Plan Details

Address 1506 30th St Nw
Industrial Park
Faribault, MN 55021 
Industry Retail Trade
Administrator Dan Axelson
Net Plan Assets $12,100,000
Total Participants 570
Avg Account Balance $27,000

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker Bank of America Merrill Lynch
Recordkeeper John Hancock
Auditor Baker Tilly

 Comments