Lackmann Personnel, Inc.
50
Plan:
Lackmann Personnel, Inc. Employee Retirement Savings Plan
21
46
71
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (50) and the top rated plan (71) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $203,000 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
Lackmann Personnel, Inc. Employee Retirement Savings 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 Total Plan Cost. Lackmann Personnel, Inc. Employee Retirement Savings Plan currently has over 800 active participants and over $10.9M in plan assets.
Retirement Plan Details
| Address |
303 Crossways Park Dr
Woodbury, NY 11797-2099 |
| Industry | Full-Service Restaurants |
| Administrator | Michael Mines |
| Sponsor | Andrew Lackmann |
| Net Plan Assets | $10,900,000 |
| Total Participants | 870 |
| Avg Account Balance | $13,000 |
Compare Other Companies in Peer Group
| Apple American Group | 54.5 |
| Phillips Foods | 53.6 |
| WP6 Restaurant Management Group, LLC | 52.4 |
| Schwartz Brothers Restaurants | 49.8 |
| Taco Aloha | 43.7 |
| Worldwide Restaurant Concepts | 41.3 |
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