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Company:
J & R Electronics, Inc.
Plan:
J & R Music World 401k Profit Sharing Retirement Plan
 

J & R Electronics, Inc.

55 Plan: J & R Music World 401k Profit Sharing Retirement Plan

 
 
55
24
55
84
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 (55) and the top rated plan (84) could equate to:
[How is this calculated?]
13 additional years of work
Up to $259,300 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

J & R Music World 401k Profit Sharing Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. J & R Music World 401k Profit Sharing Retirement Plan currently has over 600 active participants and over $17.8M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
13
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. MetLife Stable Value Fund 43%
2. Vanguard 500 Index 12%
3. Invesco Equity and Income 8%

 Retirement Plan Details

Address 23 Park Row
New York, NY 10038 
Industry Retail Trade
Administrator Rachelle Friedman
Net Plan Assets $17,800,000
Total Participants 690
Avg Account Balance $34,000

  Plan Service Providers

Recordkeeper USI Group
Auditor Bass & Lemer

 Comments