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Company:
TBS Shipping Services, Inc.
Plan:
TBS Shipping Services, Inc. 401k Plan
 

TBS Shipping Services, Inc.

67 Plan: TBS Shipping Services, Inc. 401k Plan

 
 
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87
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For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (67) and the top rated plan (87) could equate to:
[How is this calculated?]
12 additional years of work
Up to $66,600 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

TBS Shipping Services, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 15% of plans for Investment Menu Quality and Salary Deferral. TBS Shipping Services, Inc. 401k Plan currently has over 100 active participants and over $7.4M in plan assets.

 

 Retirement Plan Details

Address 612 East Grassy Sprain Road
Yonkers, NY 10710-2312 
Industry Finance and Insurance
Administrator Tara Demakes
Net Plan Assets $7,430,000
Total Participants 190
Avg Account Balance $39,000

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Balanced 11%
2. John Hancock Trust Science & Technology Trust 10%
3. John Hancock Money Market 10%

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker Park Avenue Securities
Auditor Weiser LLP

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