Torch Energy Advisors Incorporated
75
Plan:
Torch Energy Advisors Incorporated 401k Retirement Plan
34
73
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (75) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $148,800 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
Torch Energy Advisors Incorporated 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 75. This plan is in the top 15% of plans for Salary Deferral. Torch Energy Advisors Incorporated 401k Retirement Plan currently has over 100 active participants and over $8.8M in plan assets.
Retirement Plan Details
| Address |
1331 Lamar, Suite 1450
Houston, TX 77010 |
| Industry | Mining, Quarrying, and Oil and Gas Extraction |
| Administrator | Lisa Cohen |
| Net Plan Assets | $8,780,000 |
| Total Participants | 200 |
| Avg Account Balance | $45,000 |
Compare Other Companies in Peer Group
| Energy XXI Services | 90.3 |
| Enventure Global Technology LLC | 84.6 |
| Brigham Exploration Company | 76.9 |
| Burnett Oil Co., Inc. and Affiliates | 74.9 |
| Chesapeake Appalachia, LLC | 68.6 |
| GASCO Drilling | 65.2 |
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