Mid-City Transit Corporation
50
Plan:
Mid-City Transit Corporation 401k Savings Plan
21
52
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 34 point difference between this plan's BrightScope Rating (50) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $204,400 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
Mid-City Transit Corporation 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. This plan is in the top 15% of plans for Investment Menu Quality. Mid-City Transit Corporation 401k Savings Plan currently has over 100 active participants and over $1.3M in plan assets.
Retirement Plan Details
| Address |
518 Route 17m # 202
Middletown, NY 10940-4322 |
| Industry | School and Employee Bus Transportation |
| Administrator | Jennifer Millar |
| Net Plan Assets | $1,340,000 |
| Total Participants | 170 |
| Avg Account Balance | $7,900 |
Compare Other Companies in Peer Group
| Boston School Bus Drivers USW... | 52.0 |
| Durham School Services L.P. | 51.2 |
| Academy Bus, LLC | 51.0 |
| Huntington Coach | 48.6 |
| Suffolk Transportation Service | 45.6 |
| Levy School Bus Co. | 43.6 |
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