Answer Financial, Inc.
66
Plan:
Answer Financial 401k Plan
37
69
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (66) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $90,800 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
Answer Financial 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 35% of plans for Investment Menu Quality. Answer Financial 401k Plan currently has over 300 active participants and over $7.3M in plan assets.
Retirement Plan Details
| Address |
15910 Ventura Blvd.
Encino, CA 91436-2802 |
| Industry | Insurance Agencies and Brokerages |
| Administrator | Curtis Harward |
| Net Plan Assets | $7,280,000 |
| Total Participants | 370 |
| Avg Account Balance | $20,000 |
Compare Other Companies in Peer Group
| Ash Brokerage | 67.9 |
| National Interstate Insurance Agency | 66.2 |
| Pearl & Associates, Ltd. | 64.3 |
| InterWest Insurance Services | 59.1 |
| Title Security Agency of Arizona | 57.5 |
| Owner Operator Services | 56.6 |
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