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Company:
Managed Business Services, Inc.
Plan:
Managed Pay 401k Plan
 

Managed Business Services, Inc.

38 Plan: Managed Pay 401k Plan

 
 
38
16
56
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 45 point difference between this plan's BrightScope Rating (38) and the top rated plan (83) could equate to:
[How is this calculated?]
19 additional years of work
Up to $338,600 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

Managed Pay 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 38. This plan is in the top 15% of plans for Investment Menu Quality. Managed Pay 401k Plan currently has over 200 active participants and over $3.0M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
50
Plan Average: 24
Top 3 Funds in this 401k
1. John Hancock Money Market 17%
2. John Hancock Funds II Lifestyle Growth 15%
3. John Hancock Funds II Lifestyle Balanced 10%

 Retirement Plan Details

Address 6410 South Eastern Ave Suite 100
Las Vegas, NV 89119 
Industry All Other Professional, Scientific, and Technical Services
Administrator William J. Rosado
Net Plan Assets $2,960,000
Total Participants 300
Avg Account Balance $25,000

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker Wells Fargo (Wachovia)
Auditor Ovist & Howard, CPA's

 Comments