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Company:
Ocean Yachts, Inc.
Plan:
Ocean Yacht, Inc. 401K Plan
 

Ocean Yachts, Inc.

60 Plan: Ocean Yacht, Inc. 401K Plan

 
 
60
38
59
81
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (60) and the top rated plan (81) could equate to:
[How is this calculated?]
10 additional years of work
Up to $116,100 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

Ocean Yacht, Inc. 401K Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. Ocean Yacht, Inc. 401K Plan currently has over 100 active participants and over $3.4M 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. Invesco Growth & Income 28%
2. Morgan Stanley International 22%
3. Morgan Stanley US Government Securities 13%

 Retirement Plan Details

Address 2713 Green Bank Rd
Egg Harbor, NJ 08215-4635 
Industry Manufacturing
Administrator Daniel A Rowan
Sponsor Janiel A Rowan
Net Plan Assets $3,360,000
Total Participants 120
Avg Account Balance $39,000

  Plan Service Provider

Auditor Tracey Heun Brennan & Co