Shearman Company, LLC
63
Plan:
Lake Charles American Press Tax Advantaged Thrift Plan
5
58
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (63) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $123,800 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
Lake Charles American Press Tax Advantaged Thrift Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 63. Lake Charles American Press Tax Advantaged Thrift Plan currently has over 100 active participants and over $6.4M in plan assets.
Retirement Plan Details
| Address |
Po Box 2893
Lake Charles, LA 70602-2893 |
| Industry | Newspaper Publishers |
| Administrator | Thomas B. Shearman III |
| Net Plan Assets | $6,440,000 |
| Total Participants | 190 |
| Avg Account Balance | $35,000 |
Compare Other Companies in Peer Group
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