Boom, Inc.
42
Plan:
Boom Inc. 401k Retirement Savings Plan
5
48
65
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (42) and the top rated plan (65) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $142,800 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
Boom Inc. 401k Retirement Savings Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 42. This plan is in the top 15% of plans for Participation Rate. Boom Inc. 401k Retirement Savings Plan currently has over 100 active participants and over $1.6M in plan assets.
Retirement Plan Details
| Address |
5623 Fairfield Rd
Columbia, SC 29203-3304 |
| Industry | Full-Service Restaurants |
| Administrator | Leon Irons |
| Net Plan Assets | $1,640,000 |
| Total Participants | 170 |
| Avg Account Balance | $9,500 |
Compare Other Companies in Peer Group
| Metropolitan Franchise | 60.8 |
| Spectra | 57.2 |
| Bacon Enterprises | 51.3 |
| LC3S | 50.9 |
| D-Carr Investments | 50.3 |
| Alan Wong Restaurants | 49.1 |
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