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Company:
Florida Public Utilities Co.
Plan:
Florida Public Utilities Company 401k Plan
 

Florida Public Utilities Co.

62 Plan: Florida Public Utilities Company 401k Plan

 
 
62
34
75
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (62) and the top rated plan (87) could equate to:
[How is this calculated?]
13 additional years of work
Up to $183,300 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

Florida Public Utilities Company 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Investment Menu Quality. Florida Public Utilities Company 401k Plan currently has over 300 active participants and over $11.3M in plan assets.

 

 Retirement Plan Details

Address 401 South Dixie Highway
West Palm Beach, FL 33401 
Industry Natural Gas Distribution
Administrator Dina Bellechases
Sponsor George Bachman
Net Plan Assets $11,300,000
Total Participants 370
Avg Account Balance $28,000

 Compare Other Companies in Peer Group

AEI Services LLC 78.7
Vermont Gas Systems 71.2
Mountaineer Gas Co. 70.7
RGC Resources 66.9
Aloha Petroleum, Ltd. 64.1
Lakes Gas Co. 50.9

 Top 3 Funds in this 401k

1. MassMutual Guaranteed Interest Account 23%
2. Total Other Mutual Funds 10%
3. Invesco Utilities 10%

  Plan Service Providers

Insurance Carrier MassMutual
Investment Adviser AIG
Auditor ParenteBeard, LLC

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