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Company:
Fortitech, Inc.
Plan:
Fortitech, Inc. Profit Sharing Plan
 

Fortitech, Inc.

52 Plan: Fortitech, Inc. Profit Sharing Plan

 
 
52
25
61
87
0
10
20
30
40
50
60
70
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100
For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (52) and the top rated plan (87) could equate to:
[How is this calculated?]
17 additional years of work
Up to $227,300 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

Fortitech, Inc. Profit Sharing Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 52. This plan is in the top 15% of plans for Participation Rate. Fortitech, Inc. Profit Sharing Plan currently has over 100 active participants and over $4.9M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 2105 Technology Dr
Schenectady, NY 12308-1143 
Industry Manufacturing
Administrator Ram V. Chaudhari
Net Plan Assets $4,940,000
Total Participants 140
Avg Account Balance $37,000

 Compare Other Companies in Peer Group

Biomune Company 68.9
Penguin Industries 68.6
SCOPe Orthotics & Prosthetics 66.3
Cooper-Atkins 64.7
Schneider Packaging Equipment Co. 63.7
McCain 63.2

 Top 3 Funds in this 401k

1. Total Common Stocks 65%
2. Total US Government Securities 21%
3. Cash and Cash Equivalents 5%

  Plan Service Providers

Auditor Alexander W. Cruden & Company
Administration Creative Pension Consultants, Inc.
Insurance Carrier The National Life Group
Insurance Advisor/Broker Donald C. Reutemann
Insurance Advisor/Broker Boris B. Yanklowitz

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