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Company:
Shoma Development Corp.
Plan:
Shoma Development Corp. 401k Plan
 

Shoma Development Corp.

45 Plan: Shoma Development Corp. 401k Plan

 
 
45
11
60
83
0
10
20
30
40
50
60
70
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90
100
For the average 401k participant, the 38 point difference between this plan's BrightScope Rating (45) and the top rated plan (83) could equate to:
[How is this calculated?]
17 additional years of work
Up to $249,400 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

Shoma Development Corp. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 45. This plan is in the top 35% of plans for Investment Menu Quality. Shoma Development Corp. 401k Plan currently has over 200 active participants and over $1.1M in plan assets.

 

 Retirement Plan Details

Address 5835 Blue Lagoon Dr Fl 4
Miami, FL 33126-2062 
Industry Construction
Administrator Masoud Shojaee
Net Plan Assets $1,080,000
Total Participants 200
Avg Account Balance $5,400

 Top 3 Funds in this 401k

1. Fidelity Contrafund 16%
2. American United Life OneAmerica Money Market 14%
3. T. Rowe Price Equity Income 10%

  Plan Service Providers

Auditor Prats Fernandez & Co.
Insurance Carrier American United Life
Insurance Advisor/Broker Daniel A Henley

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