The Palms South Beach, Inc.
51
Plan:
The Palms South Beach, Inc. 401k Retirement Plan
9
50
72
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (51) and the top rated plan (72) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $131,900 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
The Palms South Beach, Inc. 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 51. The Palms South Beach, Inc. 401k Retirement Plan currently has over 100 active participants and over $1.0M in plan assets.
Retirement Plan Details
| Address |
3025 Collins Ave
Miami Beach, FL 33140-4106 |
| Industry | Hotels (except Casino Hotels) and Motels |
| Administrator | Hamid Abdul Hafid |
| Sponsor | Kent M. Jamzon |
| Net Plan Assets | $1,040,000 |
| Total Participants | 160 |
| Avg Account Balance | $6,500 |
Compare Other Companies in Peer Group
| Clarion Resort Fontainebleau Hotel | 56.3 |
| Baylaurel, LLC | 55.5 |
| Chaparral Associates | 54.6 |
| Meyer Crest, Ltd. | 54.5 |
| Sawmill Creek Resort | 47.9 |
| Robert M. Goff and Associates | 38.1 |
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