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Company:
The Arc of Somerset County, Inc.
Plan:
The Arc of Somerset County Pension Plan
 

The Arc of Somerset County, Inc.

38 Plan:

 
 
38
5
49
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 45 point difference between this plan's BrightScope Rating (38) and the top rated plan (83) could equate to:
[How is this calculated?]
20 additional years of work
Up to $354,200 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

The Arc of Somerset County Pension Plan is a defined contribution plan. This plan has a BrightScope Rating of 38. This plan is in the top 35% of plans for Company Generosity. The Arc of Somerset County Pension Plan currently has over 300 active participants and over $3.7M in plan assets.


 Investment Menu Statistics

No. of Investment Options
25
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Principal Fixed Income 401(a)/(k) 58%
2. American Funds Bond Fund of America 6%
3. Participant Loans 5%

 Retirement Plan Details

Address 141 S Main St
Manville, NJ 08835-1803 
Industry Health Care and Social Assistance
Administrator James Richart
Net Plan Assets $3,720,000
Total Participants 320
Avg Account Balance $14,000

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Securian Financial Group, Inc.
Administration Principal Financial Group
Recordkeeper Principal Financial Group
Auditor EisnerAmper LLP