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Company:
Gelmart Industries, Inc.
Plan:
Gelmart Industries, Inc. 401k Profit Sharing Plan
 

Gelmart Industries, Inc.

56 Plan: Gelmart Industries, Inc. 401k Profit Sharing Plan

 
 
56
15
60
83
0
10
20
30
40
50
60
70
80
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100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (56) and the top rated plan (83) could equate to:
[How is this calculated?]
13 additional years of work
Up to $150,100 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

Gelmart Industries, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. Gelmart Industries, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $1.2M in plan assets.

 

 Retirement Plan Details

Address 20-07 127th Street
College Point, NY 11356-2321 
Industry Wholesale Trade
Administrator Ron Karger
Sponsor Edward Cirella
Net Plan Assets $1,160,000
Total Participants 150
Avg Account Balance $7,800

 Top 3 Funds in this 401k

1. Morgan Stanley Liquid Asset 17%
2. Oppenheimer Small- & Mid-Cap Value 13%
3. Invesco Van Kampen Comstock 11%

  Plan Service Provider

Auditor Wiiilam 5 Trachtedberg CPA

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