Monarch
38
Plan:
Monarch 401k Profit Sharing Plan
34
69
92
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 54 point difference between this plan's BrightScope Rating (38) and the top rated plan (92) could equate to:
[How is this calculated?]
[How is this calculated?]
27 additional years of work Up to $399,700 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
Monarch 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 38. This plan is in the top 35% of plans for Investment Menu Quality. Monarch 401k Profit Sharing Plan currently has over 1,100 active participants and over $4.6M in plan assets.
Retirement Plan Details
| Address |
350 Pee Dee Avenue, Suite A
Albemarle, NC 28001 |
| Industry | Other Services (except Public Administration) |
| Administrator | Cindy Jones |
| Net Plan Assets | $4,640,000 |
| Total Participants | 1,200 |
| Avg Account Balance | $4,000 |
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