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Company:
Sakar International, Inc.
Plan:
Sakar International, Inc. Profit Sharing Plan
 

Sakar International, Inc.

30 Plan: Sakar International, Inc. Profit Sharing Plan

 
 
30
20
55
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 48 point difference between this plan's BrightScope Rating (30) and the top rated plan (78) could equate to:
[How is this calculated?]
22 additional years of work
Up to $431,100 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

Sakar International, Inc. Profit Sharing Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 30. This plan is in the top 15% of plans for Company Generosity and Participation Rate. Sakar International, Inc. Profit Sharing Plan currently has over 100 active participants and over $6.3M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
2
Plan Average: 24
Top 2 Funds in this 401k
1. Total Certificates of Deposit 53%
2. Total Money Market Funds 46%

 
Plan Component Ratings

 Retirement Plan Details

Address 195 Carter Drive
Edison, NJ 08817 
Industry Retail Trade
Administrator Charles Saka - Allen Saka
Net Plan Assets $6,340,000
Total Participants 130
Avg Account Balance $49,000

  Plan Service Providers

Investment Adviser Invesco
Auditor Hirsch, Oelbaum, Et Al

 Comments