Tower Insurance Company of New York
73
Plan:
Tower Insurance Company of New York 401k and Profit Sharing Plan
40
73
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (73) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $142,200 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
Tower Insurance Company of New York 401k and Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73. This plan is in the top 35% of plans for Company Generosity, Participation Rate, Salary Deferral, and Total Plan Cost. Tower Insurance Company of New York 401k and Profit Sharing Plan currently has over 1,500 active participants and over $72.6M in plan assets.
Retirement Plan Details
| Address |
120 Broadway, 31st Floor
New York, NY 10271-3199 |
| Industry | Finance and Insurance |
| Administrator | John Marcelliano |
| Net Plan Assets | $72,600,000 |
| Total Participants | 1,600 |
| Avg Account Balance | $47,000 |
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