R & M Richards, Inc.
55
Plan:
11
56
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (55) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $147,600 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
R & M Richards, Inc. Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 15% of plans for Participation Rate. R & M Richards, Inc. Profit Sharing Plan currently has over 100 active participants and over $2.9M in plan assets.
Retirement Plan Details
| Address |
1400 Broadway Fl 9
New York, NY 10018-5300 |
| Industry | Manufacturing |
| Administrator | Richard Dell'Amno |
| Net Plan Assets | $2,940,000 |
| Total Participants | 110 |
| Avg Account Balance | $26,000 |
Compare Other Companies in Peer Group
| Gerson & Gerson | 71.0 |
| Carole Hochman Design Group | 70.9 |
| The Levy Group | 66.7 |
| Sally Lou Fashions | 60.4 |
| J.J.S Mae | 55.7 |
| Milco Industries | 47.1 |
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