Hereford Insurance Company
55
Plan:
Hereford Insurance Company Profit Sharing Plan
36
70
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (55) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $176,500 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
Hereford Insurance Company Profit Sharing Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Investment Menu Quality. Hereford Insurance Company Profit Sharing Plan currently has over 100 active participants and over $1.1M in plan assets.
Retirement Plan Details
| Address |
3601 43rd Ave
Long Island City, NY 11101-1736 |
| Industry | Insurance Agencies and Brokerages |
| Administrator | Neil Greenbaum |
| Net Plan Assets | $1,120,000 |
| Total Participants | 150 |
| Avg Account Balance | $8,700 |
Compare Other Companies in Peer Group
| NLASCO Services | 61.8 |
| Benefit Services Agency of Ohio | 61.5 |
| Health Benefits Direct | 61.2 |
| USG Management Services of FL | 58.8 |
| Couch Braunsdorf Insurance Group | 58.5 |
| US Auto Insurance Services | 50.0 |
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