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Company:
Yale Cleaners, Inc.
Plan:
Yale Cleaners, Inc. 401k Profit Sharing Plan
 

Yale Cleaners, Inc.

50 Plan: Yale Cleaners, Inc. 401k Profit Sharing Plan

 
 
50
4
53
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 29 point difference between this plan's BrightScope Rating (50) and the top rated plan (79) could equate to:
[How is this calculated?]
13 additional years of work
Up to $169,800 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

Yale Cleaners, 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 50. This plan is in the top 35% of plans for Investment Menu Quality and Participation Rate. Yale Cleaners, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $2.7M in plan assets.

 

 Retirement Plan Details

Address 4221 W Albany St
Broken Arrow, OK 74012-1235 
Industry Drycleaning and Laundry Services (except Coin-Operated)
Administrator Jerry E Stevenson
Net Plan Assets $2,690,000
Total Participants 100
Avg Account Balance $26,000

 Compare Other Companies in Peer Group

Crown Linen Service 69.1
Bergmann's 56.8
Fazio 55.8
Prestige Cleaners 50.3
The Slan Companies 50.2
Team Enterprises 40.8

 Top 3 Funds in this 401k

1. MassMutual Premier Balanced 49%
2. MassMutual Guaranteed Interest Account 12%
3. MassMutual Premier Core Value Equity 7%

  Plan Service Providers

Auditor James P Feigel, CPA
Recordkeeper MassMutual
Insurance Carrier MassMutual
Insurance Advisor/Broker Paul A Barrett

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