Magnolia Corporate Services, Inc
68
Plan:
Magnolia Corporate Services, Inc. 401k Plan
8
54
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (68) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $86,000 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
Magnolia Corporate Services, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 35% of plans for Salary Deferral. Magnolia Corporate Services, Inc. 401k Plan currently has over 100 active participants and over $4.5M in plan assets.
Retirement Plan Details
| Address |
2101 Magnolia Avenue, Suite 400
Birmingham, AL 35205-2852 |
| Industry | Educational Services |
| Administrator | Lloyd E. Clayton, Jr. |
| Net Plan Assets | $4,520,000 |
| Total Participants | 120 |
| Avg Account Balance | $37,000 |
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