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Company:
The Herkimer County A.R.C.
Plan:
The Herkimer County A.R.C. Pension Plan
 

The Herkimer County A.R.C.

41 Plan: The Herkimer County A.R.C. Pension Plan

 
 
41
19
50
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 38 point difference between this plan's BrightScope Rating (41) and the top rated plan (79) could equate to:
[How is this calculated?]
17 additional years of work
Up to $239,600 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

The Herkimer County A.R.C. Pension Plan is a defined contribution plan. This plan has a BrightScope Rating of 41. This plan is in the top 35% of plans for Participation Rate. The Herkimer County A.R.C. Pension Plan currently has over 200 active participants and over $3.3M in plan assets.

 

 Retirement Plan Details

Address 350 S Washington St
Herkimer, NY 13350-2426 
Industry Health Care and Social Assistance
Administrator Ms. Karen Peterson
Sponsor Kevin Crosley
Net Plan Assets $3,320,000
Total Participants 270
Avg Account Balance $13,000

 Top 3 Funds in this 401k

1. MassMutual Guaranteed Interest Account 52%
2. MassMutual Select Destination Retirement 2030 13%
3. MassMutual Select Indexed Equity 11%

  Plan Service Providers

Insurance Carrier MassMutual
Auditor The Bonadio Group, LLC
Corporate Trustee MassMutual
Insurance Advisor/Broker SSN Insurance Agency, Inc.

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