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Company:
Stearns, Conrad & Schmidt Consulting Engineers, Inc.
Plan:
Stearns, Conrad & Schmidt Consulting Engineers, Inc. Employee Stock Ownership Plan
 

Stearns, Conrad & Schmidt Consulting Engineers, Inc.

64 Plan:

 
 
64
31
75
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (64) and the top rated plan (90) could equate to:
[How is this calculated?]
15 additional years of work
Up to $156,000 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

Stearns, Conrad & Schmidt Consulting Engineers, Inc. Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and ESOP component. This plan has a BrightScope Rating of 64. This plan is in the top 15% of plans for Company Generosity, Participation Rate, and Total Plan Cost. Stearns, Conrad & Schmidt Consulting Engineers, Inc. Employee Stock Ownership Plan currently has over 900 active participants and over $68.5M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
27
Plan Average: 24
Top 3 Funds in this 401k
1. Stearns, Conrad and Schmidt Engineers, Inc. Common Stock 85%
2. Total Common Stocks 4%
3. Union Bank Employee Benefit Flexible Bond 1%

 Retirement Plan Details

Address 3900 Kilroy Airport Way, Suite 100
Long Beach, CA 90806-6816 
Industry Engineering Services
Administrator Elayne Welch
Net Plan Assets $68,500,000
Total Participants 920
Avg Account Balance $75,000

  Plan Service Providers

Corporate Trustee Union Bank
Auditor McGladrey

 Comments