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Company:
Sorenson Lighted Control, Inc.
Plan:
Sorenson Lighted Control, Inc. Profit Sharing Plan
 

Sorenson Lighted Control, Inc.

43 Plan: Sorenson Lighted Control, Inc. Profit Sharing Plan

 
 
43
27
68
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 47 point difference between this plan's BrightScope Rating (43) and the top rated plan (90) could equate to:
[How is this calculated?]
24 additional years of work
Up to $255,100 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

Sorenson Lighted Control, Inc. Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 43. Sorenson Lighted Control, Inc. Profit Sharing Plan currently has over 200 active participants and over $3.4M in plan assets.

 

 Retirement Plan Details

Address 75 Locust Street
Hartford, CT 06114 
Industry Manufacturing
Administrator John D. Gallary
Net Plan Assets $3,440,000
Total Participants 200
Avg Account Balance $17,000

 Top 3 Funds in this 401k

1. BlackRock Ready Assets Prime Money 29%
2. Prudential Short-Term Corporate Bond 12%
3. MFS Massachusetts Investors Growth Stock 9%

  Plan Service Providers

Recordkeeper ADP
Auditor J.H. Cohn

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