Textilease Corporation
34
Plan:
Textilease Retirement Savings and Stock Ownership Plan
4
52
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 44 point difference between this plan's BrightScope Rating (34) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
20 additional years of work Up to $309,700 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
Textilease Retirement Savings and Stock Ownership Plan is a defined contribution plan with a 401k feature and ESOP component. This plan has a BrightScope Rating of 34. This plan is in the top 35% of plans for Total Plan Cost. Textilease Retirement Savings and Stock Ownership Plan currently has over 200 active participants and over $434.3K in plan assets.
Retirement Plan Details
| Address |
68 Jonspin Rd
Wilmington, MA 01887-1090 |
| Industry | Other Services (except Public Administration) |
| Administrator | John E Zamagni |
| Sponsor | Steven Sintros |
| Net Plan Assets | $430,000 |
| Total Participants | 220 |
| Avg Account Balance | $2,000 |
Compare Other Companies in Peer Group
| Economy Linen & Towel Service | 57.4 |
| Service Industrial | 51.6 |
| Valley City Linen | 46.3 |
| Missoula Laundry & Dry Cleaners Co. | 40.6 |
| Cintas | 35.2 |
| Star Uniform Company, Ltd. | 4.3 |
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