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Company:
Knapp, Schenck & Company
Plan:
Knapp, Schenck 401k Profit Sharing Plan
 

Knapp, Schenck & Company

64 Plan: Knapp, Schenck 401k Profit Sharing Plan

 
 
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88
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For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (64) and the top rated plan (88) could equate to:
[How is this calculated?]
13 additional years of work
Up to $176,900 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

Knapp, Schenck 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 35% of plans for Salary Deferral. Knapp, Schenck 401k Profit Sharing Plan currently has over 100 active participants and over $4.3M in plan assets.

 

 Retirement Plan Details

Address 137 Lewis Wharf
Boston, MA 02110-3926 
Industry Insurance Agencies and Brokerages
Administrator James W. Mcgonigle
Net Plan Assets $4,300,000
Total Participants 150
Avg Account Balance $30,000

 Top 3 Funds in this 401k

1. MassMutual Guaranteed Interest Account 11%
2. MassMutual Premier Capital Appreciation 10%
3. MassMutual Select Indexed Equity 10%

  Plan Service Providers

Insurance Carrier MassMutual
Auditor Caturano & Co.
Recordkeeper MassMutual
Insurance Advisor/Broker Craig Cerretani

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