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Company:
Sing Tao Newspapers New York Ltd.
Plan:
Sing Tao USA Group Profit Sharing Plan
 

Sing Tao Newspapers New York Ltd.

70 Plan: Sing Tao USA Group Profit Sharing Plan

 
 
70
39
67
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (70) and the top rated plan (87) could equate to:
[How is this calculated?]
10 additional years of work
Up to $83,500 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

Sing Tao USA Group Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 15% of plans for Investment Menu Quality. Sing Tao USA Group Profit Sharing Plan currently has over 300 active participants and over $18.3M in plan assets.

 

 Retirement Plan Details

Address 188 Lafayette Street
New York, NY 10013 
Industry Newspaper Publishers
Administrator Robin Mui
Net Plan Assets $18,300,000
Total Participants 380
Avg Account Balance $49,000

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Balanced 11%
2. John Hancock Funds II Lifestyle Moderate 11%
3. John Hancock Money Market 8%

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker Bank of America Merrill Lynch
Insurance Advisor/Broker Morgan Stanley Smith Barney
Recordkeeper John Hancock
Auditor Leung Accountancy Corporation

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