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Company:
American Shipping Company, Inc.
Plan:
American Shipping Company, Inc. 401k Profit Sharing Plan
 

American Shipping Company, Inc.

53 Plan: American Shipping Company, Inc. 401k Profit Sharing Plan

 
 
53
17
63
86
0
10
20
30
40
50
60
70
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90
100
For the average 401k participant, the 33 point difference between this plan's BrightScope Rating (53) and the top rated plan (86) could equate to:
[How is this calculated?]
16 additional years of work
Up to $220,800 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

American Shipping Company, Inc. 401k Profit Sharing 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 Investment Menu Quality. American Shipping Company, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $1.1M in plan assets.

 

 Retirement Plan Details

Address 250 Moonachie Rd
Moonachie, NJ 07074-1378 
Industry Transportation and Warehousing
Administrator Raffaelle Natare
Net Plan Assets $1,050,000
Total Participants 140
Avg Account Balance $7,600

 Top 3 Funds in this 401k

1. Janus Balanced 8%
2. MFS Government Securities 7%
3. Fidelity Advisor Mid Cap 7%

  Plan Service Providers

Insurance Carrier Guardian Life Insurance Company
Insurance Advisor/Broker Barry G. Novin
Insurance Advisor/Broker Kenneth W. Bogert
Auditor Schenker & Rosenblatt, LLC. CPA

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