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Company:
Aerothrust Corporation
Plan:
Aerothrust Corporation Retirement Savings Plan
 

Aerothrust Corporation

76 Plan: Aerothrust Corporation Retirement Savings Plan

 
 
76
32
57
82
0
10
20
30
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60
70
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100
For the average 401k participant, the 6 point difference between this plan's BrightScope Rating (76) and the top rated plan (82) could equate to:
[How is this calculated?]
3 additional years of work
Up to $70,400 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

Aerothrust Corporation Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 76, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity, Investment Menu Quality, and Salary Deferral. Aerothrust Corporation Retirement Savings Plan currently has over 200 active participants and over $10.8M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 549
Wilmington, DE 19899-0549 
Industry Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
Administrator Jeoffrey Burtch
Net Plan Assets $10,800,000
Total Participants 230
Avg Account Balance $48,000

 Top 3 Funds in this 401k

1. Principal Guaranteed Interest Account 23%
2. Principal International Emerging Markets 9%
3. Principal Money Market 9%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Employee Benefit Solutions, Inc.
Auditor Belfint Lyons & Shuman
Investment Adviser Morningstar, Inc.
Administration Morningstar, Inc.
Administration Principal Financial Group

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