Home  >   401k Directory   >   Garden City Hotel, Inc.
 
Company:
Garden City Hotel, Inc.
Plan:
Garden City Hotel & FMC Management Corp. 401k Plan
 

Garden City Hotel, Inc.


 
 
54
20
50
76
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (54) and the top rated plan (76) could equate to:
[How is this calculated?]
9 additional years of work
Up to $150,900 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

Garden City Hotel & FMC Management Corp. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 54. This plan is in the top 35% of plans for Investment Menu Quality. Garden City Hotel & FMC Management Corp. 401k Plan currently has over 300 active participants and over $7.9M in plan assets.


 Investment Menu Statistics

No. of Investment Options
20
Plan Average: 20
Largest Funds in this plan: based on % allocation of assets
1. Key Guaranteed Portfolio Fund 21%
2. Great-West S&P 500 Index 14%
3. Oppenheimer Developing Markets 11%

 Retirement Plan Details

Address 45 Seventh Street
Garden City, NY 11530 
Industry Hotels (except Casino Hotels) and Motels
Administrator Mindy Nelkin
Net Plan Assets $7,950,000
Total Participants 380
Avg Account Balance $33,000

  Plan Service Providers

Insurance Carrier Great-West Life
Insurance Carrier MetLife
Insurance Advisor/Broker Sentinel Benefits
Recordkeeper Great-West Life
Auditor Margolin, Winer & Evans, LLP