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Company:
Sheet Metal Workers of Maine Money Purchase Retirement Fund
Plan:
Sheet Metal Workers of Maine Money Purchase Retirement Fund
 

Sheet Metal Workers of Maine Money Purchase Retirement Fund

48 Plan: Sheet Metal Workers of Maine Money Purchase Retirement Fund

 
 
48
23
56
77
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 29 point difference between this plan's BrightScope Rating (48) and the top rated plan (77) could equate to:
[How is this calculated?]
13 additional years of work
Up to $166,300 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

Sheet Metal Workers of Maine Money Purchase Retirement Fund is a defined contribution plan. This plan has a BrightScope Rating of 48. This plan is in the top 35% of plans for Company Generosity and Participation Rate. Sheet Metal Workers of Maine Money Purchase Retirement Fund currently has fewer than 100 active participants and over $3.8M in plan assets.

 

 Retirement Plan Details

Address 19 Enterprise St
Lewiston, ME 04240-3503 
Industry Construction
Administrator Donald Nazaroff
Sponsor Steve Lemieux
Net Plan Assets $3,840,000
Total Participants 99
Avg Account Balance $39,000

 Top 3 Funds in this 401k

1. American Funds American Balanced 57%
2. American Funds Growth Fund of America 16%
3. American Funds New Perspective 14%

  Plan Service Providers

Administration Charles Schwab
Auditor Macdonald Page & Co LLC
Legal Counsel Wakelin, Hallock, O'Donovan

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