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Company:
Scandinavian Airlines of North America, Inc.
Plan:
Scandinavian Airlines of North America, Inc. 401k Savings and Retirement Program
 

Scandinavian Airlines of North America, Inc.

80 Plan: Scandinavian Airlines of North America, Inc. 401k Savings and Retirement Program

 
 
80
32
64
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (80) and the top rated plan (90) could equate to:
[How is this calculated?]
7 additional years of work
Up to $92,100 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

Scandinavian Airlines of North America, Inc. 401k Savings and Retirement Program is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 80, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Participation Rate, Salary Deferral, and Total Plan Cost. Scandinavian Airlines of North America, Inc. 401k Savings and Retirement Program currently has over 100 active participants and over $13.3M in plan assets.

 

 Retirement Plan Details

Address 9 Polito Ave.
Lyndhurst, NJ 07071-3402 
Industry Transportation and Warehousing
Administrator Colleen Knudsen
Net Plan Assets $13,300,000
Total Participants 190
Avg Account Balance $70,000

 Top 3 Funds in this 401k

1. Vanguard 500 Index 26%
2. Vanguard Retirement Savings Trust 10%
3. Vanguard Small Cap Index 9%

  Plan Service Providers

Recordkeeper Vanguard Group
Auditor Marini & Associates

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