Home  >   401k Directory   >   Ideal Mortgage Bankers, LTD.
 
Company:
Ideal Mortgage Bankers, LTD.
Plan:
Ideal Mortgage Bankers, LTD. Lend America Division 401k Plan
 

Ideal Mortgage Bankers, LTD.

48 Plan: Ideal Mortgage Bankers, LTD. Lend America Division 401k Plan

 
 
48
10
62
81
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 33 point difference between this plan's BrightScope Rating (48) and the top rated plan (81) could equate to:
[How is this calculated?]
15 additional years of work
Up to $160,400 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

Ideal Mortgage Bankers, LTD. Lend America Division 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 48. This plan is in the top 15% of plans for Investment Menu Quality. Ideal Mortgage Bankers, LTD. Lend America Division 401k Plan currently has over 200 active participants and over $955.0K in plan assets.

 

 Retirement Plan Details

Address 201 Old Country Rd Fl 1
Melville, NY 11747-2797 
Industry Real Estate Credit
Administrator Denise Tyler
Sponsor Michael Primeau
Net Plan Assets $950,000
Total Participants 210
Avg Account Balance $4,600

 Compare Other Companies in Peer Group

Mortgage Master 62.5
NTFN 61.3
The Money Tree 55.3
First Heritage Credit, LLC 53.9
Credit Central 50.5
Pacific Rim Capital Alliance Cor 48.7

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Balanced 19%
2. T. Rowe Price Blue Chip Growth 10%
3. Participant Loans 7%

  Plan Service Providers

Auditor Billet Feit & Preis Pc
Insurance Carrier John Hancock
Insurance Advisor/Broker Royal Alliance Associates, Inc.

 Comments