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Company:
Major Market, Inc.
Plan:
Major Market Retirement Plan and Trust
 

Major Market, Inc.

53 Plan: Major Market Retirement Plan and Trust

 
 
53
12
47
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (53) and the top rated plan (79) could equate to:
[How is this calculated?]
12 additional years of work
Up to $140,100 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

Major Market Retirement Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. This plan is in the top 15% of plans for Investment Menu Quality. Major Market Retirement Plan and Trust currently has over 100 active participants and over $4.3M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
23
Plan Average: 24
Top 3 Funds in this 401k
1. Morley Stable Value Fund 22%
2. American Century LIVESTRONG 2035 15%
3. Schwab Personal Choice Retirement Account 13%

 Retirement Plan Details

Address 504 E. Alvarado Street, Suite 206
Fallbrook, CA 92028 
Industry Supermarkets and Other Grocery (except Convenience) Stores
Administrator Samuel Logan
Net Plan Assets $4,330,000
Total Participants 190
Avg Account Balance $41,000

  Plan Service Providers

Insurance Carrier ING
Insurance Advisor/Broker Independent Financial Group, LLC
Investment Adviser Independent Financial Group, LLC
Administration Tri-Ad
Recordkeeper Tri-Ad
Auditor Richard Weglarz, CPA

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