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Company:
Robert E. Derecktor, Inc.
Plan:
Derecktor Shipyard Retirement Plan
 

Robert E. Derecktor, Inc.

54 Plan: Derecktor Shipyard Retirement Plan

 
 
54
18
68
85
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 (54) and the top rated plan (85) could equate to:
[How is this calculated?]
15 additional years of work
Up to $172,800 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

Derecktor Shipyard Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 54. This plan is in the top 15% of plans for Participation Rate. Derecktor Shipyard Retirement Plan currently has over 100 active participants and over $3.4M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
32
Plan Average: 24
Top 3 Funds in this 401k
1. Principal Stable Value Fund 20%
2. Principal Bond & Mortgage Securities 13%
3. Principal Large Cap S&P 500 Index 10%

 Retirement Plan Details

Address 311 E Boston Post Rd
Mamaroneck, NY 10543-3738 
Industry Manufacturing
Administrator Elizabeth Weatherborn
Net Plan Assets $3,420,000
Total Participants 190
Avg Account Balance $18,000

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker UBS Financial Services, Inc.
Administration Principal Financial Group
Auditor Janover Rubinroit, LLC

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