Home  >   401k Directory   >   Solomon and Solomon, P.C.
 
Company:
Solomon and Solomon, P.C.
Plan:
Solomon and Solomon, P.C. 401k and Profit Sharing Plan
 

Solomon and Solomon, P.C.

48 Plan: Solomon and Solomon, P.C. 401k and Profit Sharing Plan

 
 
48
21
70
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 37 point difference between this plan's BrightScope Rating (48) and the top rated plan (85) could equate to:
[How is this calculated?]
18 additional years of work
Up to $212,700 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

Solomon and Solomon, P.C. 401k and Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 48. Solomon and Solomon, P.C. 401k and Profit Sharing Plan currently has over 100 active participants and over $3.4M in plan assets.

 

 Retirement Plan Details

Address 5 Columbia Cir 15019
Albany, NY 12203-5180 
Industry Professional, Scientific, and Technical Services
Administrator Valerie N. Solomon
Sponsor --Valerie N. Solomon
Net Plan Assets $3,410,000
Total Participants 120
Avg Account Balance $29,000

 Top 3 Funds in this 401k

1. Total Common Stocks 17%
2. Metropolitan West Total Return Bond 12%
3. Vanguard Total Bond Market Index 11%

  Plan Service Provider

Auditor Stulmaker, Kohn & Richardson, LLP

 Comments