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Company:
Racemark International, LP
Plan:
Racemark International, LP Retirement Plan
 

Racemark International, LP

62 Plan: Racemark International, LP Retirement Plan

 
 
62
22
58
83
0
10
20
30
40
50
60
70
80
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100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (62) and the top rated plan (83) could equate to:
[How is this calculated?]
10 additional years of work
Up to $130,400 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

Racemark International, LP Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Participation Rate. Racemark International, LP Retirement Plan currently has over 100 active participants and over $8.4M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
25
Plan Average: 24
Top 3 Funds in this 401k
1. Total Common Stocks 58%
2. John Hancock Funds II Lifestyle Balanced 10%
3. Total Interest Bearing Cash 5%

 Retirement Plan Details

Address 1 Racemark Way
Ballston Spa, NY 12020-4440 
Industry Manufacturing
Net Plan Assets $8,430,000
Total Participants 130
Avg Account Balance $63,000

 Compare Other Companies in Peer Group

Formation 76.6
Sentry Equipment 66.7
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McMillan Electric Company 58.4
J.T. Fennell Co. 58.3
F.C. Industries 53.3

  Plan Service Providers

Auditor Fecteau and Company
Insurance Carrier John Hancock
Insurance Advisor/Broker UBS Financial Services, Inc.

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