Palace Laundry, Inc.
50
Plan:
Linens of the Week Pension Plan
11
57
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (50) and the top rated plan (82) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $271,500 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
Linens of the Week Pension Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. Linens of the Week Pension Plan currently has over 400 active participants and over $7.1M in plan assets.
Retirement Plan Details
| Address |
713 Lamont St Nw
Washington, DC 20010 |
| Industry | Other Services (except Public Administration) |
| Administrator | Joseph Esparraguera |
| Net Plan Assets | $7,100,000 |
| Total Participants | 400 |
| Avg Account Balance | $18,000 |
Compare Other Companies in Peer Group
| Clean The Uniform Holding Company | 58.2 |
| Domestic Linen Supply and Laundry Co. | 57.0 |
| Image First | 51.1 |
| Paris Cleaners | 50.5 |
| Sitex | 46.2 |
| Rental Uniform Service of Florence | 37.8 |
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