NYMED, Inc.
53
Plan:
NYMED, Inc. Profit Sharing Plan and Trust
4
45
77
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (53) and the top rated plan (77) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $199,600 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
NYMED, Inc. Profit Sharing Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. This plan is in the top 15% of plans for Total Plan Cost. NYMED, Inc. Profit Sharing Plan and Trust currently has over 800 active participants and over $5.5M in plan assets.
Retirement Plan Details
| Address |
1 Commons Dr
Lake Katrine, NY 12449-5149 |
| Industry | Health Care and Social Assistance |
| Administrator | Elaine B. Thorr |
| Net Plan Assets | $5,460,000 |
| Total Participants | 870 |
| Avg Account Balance | $6,300 |
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