Algomod Technologies Corporation
58
Plan:
Algomod Corporation 401k Profit Sharing Plan
31
68
82
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 (58) and the top rated plan (82) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $122,800 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
Algomod Corporation 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 15% of plans for Salary Deferral. Algomod Corporation 401k Profit Sharing Plan currently has over 500 active participants and over $3.5M in plan assets.
Retirement Plan Details
| Address |
116 John St Fl 14
New York, NY 10038-3300 |
| Industry | Other Computer Related Services |
| Administrator | Diya Obeid |
| Net Plan Assets | $3,540,000 |
| Total Participants | 510 |
| Avg Account Balance | $7,000 |
Compare Other Companies in Peer Group
| Constant Contact | 66.3 |
| Imergent | 59.3 |
| Benefitfocus.com | 58.4 |
| ServiceSource International LLC | 58.0 |
| Quanta Computer USA | 53.2 |
| TechGroup | 46.6 |
Comments