Scalamandre Silks, Inc.
49
Plan:
Scalamandre Silks, Inc. Thrift Savings Plan
34
59
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (49) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
17 additional years of work Up to $261,400 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
Scalamandre Silks, Inc. Thrift Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 49. This plan is in the top 35% of plans for Account Balances and Investment Menu Quality. Scalamandre Silks, Inc. Thrift Savings Plan currently has over 100 active participants and over $7.5M in plan assets.
Retirement Plan Details
| Address |
300 Trade Zone Dr
Ronkonkoma, NY 11779-7345 |
| Industry | Manufacturing |
| Administrator | Lisa Mastroserio |
| Sponsor | SAME |
| Net Plan Assets | $7,470,000 |
| Total Participants | 140 |
| Avg Account Balance | $54,000 |
Compare Other Companies in Peer Group
| Claremont Flock | 79.2 |
| Anderson Clayton | 70.6 |
| Meadows Knitting | 61.5 |
| Hardwick Knitted Fabrics | 60.8 |
| The Felters Company | 58.0 |
| Murdock Webbing Company | 46.0 |
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