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Company:
Empire Merchants, LLC
Plan:
Empire Merchants, LLC 401k Plan for Union Members
 

Empire Merchants, LLC

64 Plan:

 
 
64
32
64
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (64) and the top rated plan (88) could equate to:
[How is this calculated?]
14 additional years of work
Up to $143,600 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

Empire Merchants, LLC 401k Plan for Union Members is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 35% of plans for Account Balances and Salary Deferral. Empire Merchants, LLC 401k Plan for Union Members currently has over 900 active participants and over $36.9M in plan assets.


 Investment Menu Statistics

No. of Investment Options
15
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Wells Fargo Stable Value 29%
2. American Funds Growth Fund of America 11%
3. Wells Fargo Advantage International Equity 6%

 Retirement Plan Details

Address 16 Bridgewater Street
Brooklyn, NY 11222 
Industry Wholesale Trade
Administrator Terrence Arlotta
Net Plan Assets $36,900,000
Total Participants 970
Avg Account Balance $56,000

 Compare Other Companies in Peer Group

Crown Imports, LLC 76.0
Major Brands 69.0
L. Knife & Son 67.2
National Wine & Spirits 65.2
United Distributors 61.0
Hensley & Company 56.7

  Plan Service Providers

Corporate Trustee Bank of America Merrill Lynch
Recordkeeper Bank of America Merrill Lynch
Auditor Held, Kranzler, Mccosker & Pulice