ABC Carpet Company, Inc.
60
Plan:
ABC Carpet & Home 401k Plan
60
27
57
79
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 (60) and the top rated plan (79) could equate to:
[How is this calculated?]
10 additional years of work
Up to $78,800 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.
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Retirement Plan Description
ABC Carpet & Home 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 35% of plans for Salary Deferral and Total Plan Cost. ABC Carpet & Home 401k Plan currently has over 500 active participants and over $17.6M in plan assets.
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