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Company:
Skandia Technology Center, Inc.
Plan:
Skandia Profit Sharing 401k Plan
 

Skandia Technology Center, Inc.

82 Plan:

 
 
82
28
73
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 6 point difference between this plan's BrightScope Rating (82) and the top rated plan (88) could equate to:
[How is this calculated?]
4 additional years of work
Up to $17,900 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

Skandia Profit Sharing 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 82, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Participation Rate and Salary Deferral. Skandia Profit Sharing 401k Plan currently has over 300 active participants and over $19.6M in plan assets.

 

 Retirement Plan Details

Address 2 Corporate Dr Ste 144
Shelton, CT 06484-6239 
Industry Finance and Insurance
Administrator Michelle E Plotkin
Net Plan Assets $19,600,000
Total Participants 320
Avg Account Balance $62,000

 Top 3 Funds in this 401k

1. American Funds Growth Fund of America 19%
2. American Funds EuroPacific Growth 18%
3. Principal Stable Value Fund 14%

  Plan Service Providers

Insurance Advisor/Broker Cantella & Co. Inc.
Administration Principal Financial Group
Auditor Marcum LLP
Insurance Carrier Principal Financial Group

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