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Company:
Ocean Properties Ltd.
Plan:
Ocean Properties Ltd. 401k Plan
 

Ocean Properties Ltd.

55 Plan: Ocean Properties Ltd. 401k Plan

 
 
55
13
48
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (55) and the top rated plan (80) could equate to:
[How is this calculated?]
11 additional years of work
Up to $163,000 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 Properties Ltd. 401k 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 35% of plans for Investment Menu Quality. Ocean Properties Ltd. 401k Plan currently has over 300 active participants and over $4.5M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
27
Plan Average: 24
Top 3 Funds in this 401k
1. Fidelity Advisor Freedom 2025 16%
2. Fidelity Advisor Growth Opportunities 7%
3. Fidelity Advisor New Insights 6%

 Retirement Plan Details

Address 1000 Market Street #300 Building 1
Portsmouth, NH 03801 
Industry Hotels (except Casino Hotels) and Motels
Administrator Matt Redstone
Net Plan Assets $4,470,000
Total Participants 400
Avg Account Balance $20,000

  Plan Service Providers

Insurance Carrier Great-West Life
Insurance Advisor/Broker Commonwealth Financial Network
Auditor Baker Newman Noyes LLC

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