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Company:
Independent Living Association
Plan:
Independent Living Profit Sharing Plan - Union
 

Independent Living Association

34 Plan:

 
 
34
11
44
60
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (34) and the top rated plan (60) could equate to:
[How is this calculated?]
11 additional years of work
Up to $232,600 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

Independent Living Profit Sharing Plan - Union is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 34. This plan is in the top 15% of plans for Participation Rate. Independent Living Profit Sharing Plan - Union currently has over 500 active participants and over $1.0M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
18
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. SSgA Stable Value Fund 48%
2. Participant Loans 9%
3. Invesco Small Cap Value 5%

 
Plan Component Ratings

 Retirement Plan Details

Address 110 York Street
Brooklyn, NY 11201 
Industry Health Care and Social Assistance
Administrator Frank De Lucia
Sponsor Arthur Palevsky
Net Plan Assets $1,040,000
Total Participants 590
Avg Account Balance $1,800

  Plan Service Providers

Recordkeeper ADP
Auditor BDO Seidman, LLP

 Comments