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Company:
Spherix Incorporated
Plan:
Spherix Incorporated 401k Retirement Plan
 

Spherix Incorporated

48 Plan: Spherix Incorporated 401k Retirement Plan

 
 
48
12
60
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (48) and the top rated plan (83) could equate to:
[How is this calculated?]
14 additional years of work
Up to $233,000 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

Spherix Incorporated 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 48. This plan is in the top 35% of plans for Investment Menu Quality. Spherix Incorporated 401k Retirement Plan currently has over 300 active participants and over $4.2M in plan assets.

 

 Retirement Plan Details

Address 12051 Indian Creek Ct
Beltsville, MD 20705-1246 
Industry All Other Professional, Scientific, and Technical Services
Administrator Katherine M. Brailey
Sponsor Claire L. Kruger
Net Plan Assets $4,190,000
Total Participants 400
Avg Account Balance $11,000

 Compare Other Companies in Peer Group

Fast Search & Transfer 71.9
Midcom 69.3
Log.Sec 67.7
DCI Group, LLC 66.6
Diversified Distribution Systems 56.0
Triple Canopy 52.4

 Top 3 Funds in this 401k

1. Principal Large Cap Blend I 18%
2. Principal Money Market 13%
3. Principal Guaranteed Investment Contract 12%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Administration Principal Financial Group
Auditor Rubino & Mcgeehin Chartered
Insurance Advisor/Broker CBIZ, Inc.

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