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Company:
Yonkers Contracting Company, Inc.
Plan:
Yonkers Contracting Company, Inc. Profit Sharing and Incentive Savings Plan
 

Yonkers Contracting Company, Inc.

77 Plan:

 
 
77
21
62
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (77) and the top rated plan (86) could equate to:
[How is this calculated?]
6 additional years of work
Up to $31,200 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

Yonkers Contracting Company, Inc. Profit Sharing and Incentive Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 77, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, and Salary Deferral. Yonkers Contracting Company, Inc. Profit Sharing and Incentive Savings Plan currently has over 100 active participants and over $18.1M in plan assets.

 

 Retirement Plan Details

Address 969 Midland Avenue
Yonkers, NY 10704 
Industry Construction
Administrator Michael Keller
Net Plan Assets $18,100,000
Total Participants 140
Avg Account Balance $140,000

 Top 3 Funds in this 401k

1. Davis New York Venture 16%
2. PIMCO Total Return 14%
3. American Funds Growth Fund of America 13%

  Plan Service Providers

Corporate Trustee Marshall & Ilsley
Recordkeeper Marshall & Ilsley
Legal Counsel Danziger & Markhoff, LLP
Recordkeeper Danziger & Markhoff, LLP
Investment Adviser Tocqueville
Investment Adviser Carret & Company LLC
Auditor Lilling & Company, Inc.

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