Formula Telecom Solutions, Inc.
65
Plan:
Formula Telecom Solutions, Inc. 401k Profit Sharing Plan
12
68
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (65) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $66,900 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
Formula Telecom Solutions, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 15% of plans for Investment Menu Quality. Formula Telecom Solutions, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $4.9M in plan assets.
Retirement Plan Details
| Address |
902 Clint Moore Rd Ste 230
Boca Raton, FL 33487-2828 |
| Industry | Other Computer Related Services |
| Administrator | Sean Edwards |
| Sponsor | Shaul Ganel |
| Net Plan Assets | $4,870,000 |
| Total Participants | 140 |
| Avg Account Balance | $34,000 |
Compare Other Companies in Peer Group
| Linedata Services | 80.3 |
| IntelliCorp | 77.2 |
| Macfadden & Associates | 76.1 |
| Mzinga | 73.8 |
| Courion | 73.2 |
| Powerway | 72.5 |
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