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Company:
Jordan-Kitt Music, Inc.
Plan:
The Jordan-Kitt Music, Inc. Profit Sharing & Savings Plan
 

Jordan-Kitt Music, Inc.

55 Plan: The Jordan-Kitt Music, Inc. Profit Sharing & Savings Plan

 
 
55
29
53
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (55) and the top rated plan (79) could equate to:
[How is this calculated?]
11 additional years of work
Up to $142,400 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

The Jordan-Kitt Music, Inc. Profit Sharing & Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Participation Rate. The Jordan-Kitt Music, Inc. Profit Sharing & Savings Plan currently has over 200 active participants and over $5.9M in plan assets.

 

 Retirement Plan Details

Address None
College Park, MD 20740 
Industry Musical Instrument and Supplies Stores
Administrator -Dar-R. W
Net Plan Assets $5,900,000
Total Participants 230
Avg Account Balance $24,000

 Compare Other Companies in Peer Group

Ganz USA, LLC 66.1
Atlantic Diving Supply 65.2
Paul A. Schmitt Music Company 61.0
Kevin 45.7
Daddy's Junky Music Stores 44.8
Sam Ash Music 44.8

 Top 3 Funds in this 401k

1. Vanguard Wellington 30%
2. Wells Fargo Enhanced Stock Market Fund 16%
3. Wells Fargo Advantage Money Market 16%

  Plan Service Providers

Auditor Belfint Lyons & Shuman
Corporate Trustee Wells Fargo (Wachovia)

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