The Cottage Corporation
56
Plan:
Mirror Lake Inn 401k Profit Sharing Plan
9
50
72
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (56) and the top rated plan (72) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $96,400 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
Mirror Lake Inn 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. Mirror Lake Inn 401k Profit Sharing Plan currently has over 100 active participants and over $1.4M in plan assets.
Retirement Plan Details
| Address |
77 Mirror Lake Dr
Lake Placid, NY 12946-3802 |
| Industry | Hotels (except Casino Hotels) and Motels |
| Administrator | Edwin H. Weibrecht, Jr. |
| Net Plan Assets | $1,440,000 |
| Total Participants | 150 |
| Avg Account Balance | $9,600 |
Compare Other Companies in Peer Group
| Clarion Resort Fontainebleau Hotel | 56.3 |
| Baylaurel, LLC | 55.5 |
| Lago Mar Properties, Inc 401k Plan | 53.3 |
| The Palms South Beach | 51.1 |
| Gulph Creek Partners, L.P. | 47.0 |
| Robert M. Goff and Associates | 38.1 |
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