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Company:
Universal Millennium, Inc.
Plan:
Universal Millennium 401k Plan
 

Universal Millennium, Inc.

63 Plan: Universal Millennium 401k Plan

 
 
63
11
64
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (63) and the top rated plan (83) could equate to:
[How is this calculated?]
10 additional years of work
Up to $137,400 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

Universal Millennium 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 63. This plan is in the top 35% of plans for Account Balances, Investment Menu Quality, and Salary Deferral. Universal Millennium 401k Plan currently has over 300 active participants and over $14.5M in plan assets.

 

 Retirement Plan Details

Address 26 Dartmouth St
Westwood, MA 02090 
Industry Manufacturing
Administrator Paul Knisell
Net Plan Assets $14,500,000
Total Participants 330
Avg Account Balance $44,000

 Top 3 Funds in this 401k

1. Morley Stable Value Fund 10%
2. PIMCO Total Return 7%
3. Nationwide Investor Destinations Moderately Aggressive 6%

  Plan Service Providers

Recordkeeper Nationwide
Administration Summit Financial Corporation
Auditor Baker Newman Noyes LLC

 Comments