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Company:
Towerstream, Inc.
Plan:
Towerstream, Inc. 401k Profit Sharing Plan & Trust
 

Towerstream, Inc.

40 Plan: Towerstream, Inc. 401k Profit Sharing Plan & Trust

 
 
40
7
70
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 47 point difference between this plan's BrightScope Rating (40) and the top rated plan (87) could equate to:
[How is this calculated?]
22 additional years of work
Up to $392,200 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

Towerstream, Inc. 401k Profit Sharing Plan & Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 40. This plan is in the top 15% of plans for Investment Menu Quality. Towerstream, Inc. 401k Profit Sharing Plan & Trust currently has over 100 active participants and over $305.7K in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address Tech 2 Plaza, 55 Hammarlund Wy
Middletown, RI 02842 
Industry Information
Administrator Joseph Hernon
Net Plan Assets $310,000
Total Participants 140
Avg Account Balance $2,200

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 Top 3 Funds in this 401k

1. Federated Automated Cash Management Trust 53%
2. DWS US Bond Index 13%
3. Schwab S&P 500 Index 5%

  Plan Service Providers

Insurance Carrier MetLife
Insurance Advisor/Broker Morgan Stanley Smith Barney
Auditor Caron & Bletzer, PLLC

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