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Company:
Icelandic USA, Inc.
Plan:
Retirement Plan of Icelandic USA, Inc.
 

Icelandic USA, Inc.

62 Plan:

 
 
62
10
64
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (62) and the top rated plan (84) could equate to:
[How is this calculated?]
12 additional years of work
Up to $91,600 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

Retirement Plan of Icelandic USA, Inc. is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 35% of plans for Company Generosity and Total Plan Cost. Retirement Plan of Icelandic USA, Inc. currently has over 800 active participants and over $18.4M in plan assets.

 

 Retirement Plan Details

Address 190 Enterprise Dr
Newport News, VA 23603 
Industry Manufacturing
Administrator Michael Thome
Net Plan Assets $18,400,000
Total Participants 820
Avg Account Balance $23,000

 Compare Other Companies in Peer Group

High Liner Foods (USA) 70.1
UniSea 67.9
Gorton's 60.8
Lepage Bakeries 58.1
Trident Seafoods 57.6
Rich Products 25.1

 Top 3 Funds in this 401k

1. Transamerica Guaranteed Pooled Fund 25%
2. American Funds Growth Fund of America 10%
3. JPMorgan Mid Cap Value 9%

  Plan Service Providers

Insurance Carrier Transamerica
Insurance Advisor/Broker MMC Securities Corp.
Recordkeeper ABN AMRO Trust Services Company
Consultant MMC Securities Corp.
Auditor BDO Seidman, LLP

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