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Company:
Fred Alger & Company, Incorporated
Plan:
Fred Alger & Company, Incorporated 401k Profit Sharing Plan
 

Fred Alger & Company, Incorporated

82 Plan: Fred Alger & Company, Incorporated 401k Profit Sharing Plan

 
 
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For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (82) and the top rated plan (89) could equate to:
[How is this calculated?]
6 additional years of work
Up to $23,000 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

Fred Alger & Company, Incorporated 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 82. This plan is in the top 15% of plans for Account Balances, Company Generosity, and Salary Deferral. Fred Alger & Company, Incorporated 401k Profit Sharing Plan currently has over 200 active participants and over $29.3M in plan assets.

 

 Retirement Plan Details

Address Harborside Financial Center,
600 Plaza One
Jersey City, NJ 07311 
Industry Securities Brokerage
Administrator Joanne Dwyer
Net Plan Assets $29,300,000
Total Participants 200
Avg Account Balance $140,000

 Top 3 Funds in this 401k

1. Alger Capital Appreciation Institutional 14%
2. Alger Small Cap Growth Institutional 13%
3. JPMorgan Short Duration Bond 12%

  Plan Service Providers

Recordkeeper Bank of America Merrill Lynch
Auditor KPMG, Llp

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