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Company:
Advanced Masonry Associates, LLC dba Advanced Masonry Systems
Plan:
Advanced Masonry Systems 401k Retirement Plan
 

Advanced Masonry Associates, LLC dba Advanced Masonry Systems

40 Plan: Advanced Masonry Systems 401k Retirement Plan

 
 
40
5
53
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 42 point difference between this plan's BrightScope Rating (40) and the top rated plan (82) could equate to:
[How is this calculated?]
17 additional years of work
Up to $300,500 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

Advanced Masonry Systems 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 40. This plan is in the top 15% of plans for Investment Menu Quality. Advanced Masonry Systems 401k Retirement Plan currently has over 300 active participants and over $1.3M in plan assets.

 

 Retirement Plan Details

Address 5403 Ashton Ct
Sarasota, FL 34233-3404 
Industry Construction
Administrator Dennis W. Neal Trustee
Sponsor Richard Karp President
Net Plan Assets $1,260,000
Total Participants 370
Avg Account Balance $3,400

 Compare Other Companies in Peer Group

The Melanson Company 61.0
Southland Concrete 48.7
SME 47.8
Urban Concrete Contractors, Ltd. 44.5
South Coast Framers 34.1
DMG Masonry 31.5

 Top 3 Funds in this 401k

1. Principal LifeTime 2040 60%
2. Principal LifeTime 2050 8%
3. Principal Money Market 7%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Auditor Kerkering, Barberio & Co, Pa
Insurance Advisor/Broker Marshall Emory Pridmore

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