Update, Inc.
53
Plan:
Update, Inc. 401k Savings and Retirement Plan
5
49
77
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 (53) and the top rated plan (77) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $130,600 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
Update, Inc. 401k Savings and Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. This plan is in the top 15% of plans for Salary Deferral. Update, Inc. 401k Savings and Retirement Plan currently has over 1,300 active participants and over $7.0M in plan assets.
Retirement Plan Details
| Address |
1140 Avenue Of The Americas, 6th Fl
New York, NY 10036-5803 |
| Industry | Administrative and Support and Waste Management and Remediation Services |
| Administrator | Adam Marder |
| Net Plan Assets | $7,000,000 |
| Total Participants | 1,400 |
| Avg Account Balance | $5,100 |
Compare Other Companies in Peer Group
| Acro Service | 48.3 |
| APG Services | 47.3 |
| Global Employment Solutions PEO | 46.2 |
| Employer Solutions Group of SLC | 42.7 |
| Onward Healthcare | 42.6 |
| Shs, LLC | 40.5 |
Comments