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Company:
Protel, Inc.
Plan:
Protel, Inc. 401k Profit Sharing Plan
 

Protel, Inc.

55 Plan: Protel, Inc. 401k Profit Sharing Plan

 
 
55
36
72
87
0
10
20
30
40
50
60
70
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100
For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (55) and the top rated plan (87) could equate to:
[How is this calculated?]
16 additional years of work
Up to $155,800 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

Protel, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Investment Menu Quality. Protel, Inc. 401k Profit Sharing Plan currently has fewer than 100 active participants and over $2.8M in plan assets.

 

 Retirement Plan Details

Address 4150 Kidron Road
Lakeland, FL 33811 
Industry Manufacturing
Administrator Davina Rife
Net Plan Assets $2,850,000
Total Participants 62
Avg Account Balance $46,000

 Top 3 Funds in this 401k

1. Great-West Life Guaranteed Portfolio Fund 25%
2. Invesco Energy 8%
3. Maxim S&P 500 Index 6%

  Plan Service Providers

Insurance Carrier Great-West Life
Insurance Advisor/Broker Allen & Company of Florida Inc.
Auditor David R. Ramos, CPA

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