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Company:
Sandberg & Sikorski Diamond Corporation
Plan:
Sandberg & Sikorski Diamond Corporation Employees 401k Profit Sharing Plan
 

Sandberg & Sikorski Diamond Corporation

60 Plan: Sandberg & Sikorski Diamond Corporation Employees 401k Profit Sharing Plan

 
 
60
35
63
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (60) and the top rated plan (82) could equate to:
[How is this calculated?]
10 additional years of work
Up to $120,500 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

Sandberg & Sikorski Diamond Corporation Employees 401k Profit Sharing 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 15% of plans for Participation Rate. Sandberg & Sikorski Diamond Corporation Employees 401k Profit Sharing Plan currently has over 100 active participants and over $9.4M in plan assets.

 

 Retirement Plan Details

Address 37 W 26th St Fl 11
New York, NY 10010-1054 
Industry Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers
Administrator Samuel Sandberg, Trustee
Sponsor Samuel Sandberg
Net Plan Assets $9,440,000
Total Participants 150
Avg Account Balance $63,000

 Top 3 Funds in this 401k

1. Fidelity Retirement Money Market 26%
2. Fidelity Contrafund 18%
3. Fidelity Growth & Income 10%

  Plan Service Providers

Auditor Kahn Hoffman & Hochman LLC Rssm
Corporate Trustee Fidelity

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