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Company:
New York Life Insurance Company
Plan:
New York Life Agents Progress-Sharing Investment Plan
 

New York Life Insurance Company

55 Plan:

 
 
55
37
72
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (55) and the top rated plan (87) could equate to:
[How is this calculated?]
17 additional years of work
Up to $147,200 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.

 

 Comments

Retirement Plan Description

New York Life Agents Progress-Sharing Investment 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 and Total Plan Cost. New York Life Agents Progress-Sharing Investment Plan currently has over 12,100 active participants and over $372.0M in plan assets.

 Retirement Plan Details

Address 51 Madison Avenue
New York, NY 10010 
Industry Finance and Insurance
Administrator Maria J. Mauceri
Net Plan Assets $372,000,000
Total Participants 12,000
Avg Account Balance $31,000

 Top 3 Funds in this 401k

1. New York Life Fixed Dollar Account 51%
2. MainStay Epoch US All Cap 11%
3. MainStay ICAP Equity 5%

  Plan Service Providers

Insurance Carrier New York Life
Auditor PricewaterhouseCoopers LLP
Recordkeeper Aon Hewitt EnnisKnupp

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