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Company:
Summit Energy Services, Inc
Plan:
Summit Energy Services, Inc. 401k Profit Sharing Plan
 

Summit Energy Services, Inc

70 Plan: Summit Energy Services, Inc. 401k Profit Sharing Plan

 
 
70
20
63
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (70) and the top rated plan (85) could equate to:
[How is this calculated?]
9 additional years of work
Up to $18,800 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

Summit Energy Services, 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 70. This plan is in the top 35% of plans for Salary Deferral. Summit Energy Services, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $4.8M in plan assets.

 

 Retirement Plan Details

Address 10350 Ormsby Park Pl Ste 400
Louisville, KY 40223-6179 
Industry Wholesale Trade
Administrator I
Sponsor Michele Howard
Net Plan Assets $4,820,000
Total Participants 200
Avg Account Balance $24,000

 Top 3 Funds in this 401k

1. T. Rowe Price Growth Stock 12%
2. Standard Insurance Stable Asset Fund II 11%
3. Davis New York Venture 10%

  Plan Service Providers

Insurance Carrier The Standard
Auditor Cotton & Allen, Psc
Insurance Advisor/Broker BB&T
Insurance Advisor/Broker Weilage Benefit Specialists

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