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Company:
The Holiday Retirement Home
Plan:
The Holiday Employees 401k Plan
 

The Holiday Retirement Home

40 Plan: The Holiday Employees 401k Plan

 
 
40
13
45
66
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 (40) and the top rated plan (66) could equate to:
[How is this calculated?]
10 additional years of work
Up to $156,300 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

The Holiday Employees 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 40. This plan is in the top 15% of plans for Investment Menu Quality. The Holiday Employees 401k Plan currently has over 100 active participants and over $1.6M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
42
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. Russell LifePoints Balanced Strategy 26%
2. Russell LifePoints Moderate Strategy 24%
3. Russell LifePoints Growth Strategy 14%

 Retirement Plan Details

Address 30 Sayles Hill Road
Manville, RI 02838 
Industry Health Care and Social Assistance
Administrator Robert E. Horton, Jr.
Net Plan Assets $1,590,000
Total Participants 140
Avg Account Balance $26,000

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker Northwestern Mutual
Auditor Lefkowitz, Garfinkel, Champi & Deri

 Comments