Home  >   401k Directory   >   GASCO Drilling, Inc.
 
Company:
GASCO Drilling, Inc.
Plan:
GASCO Drilling, Inc. Profit Sharing Plan
 

GASCO Drilling, Inc.

68 Plan: GASCO Drilling, Inc. Profit Sharing Plan

 
 
68
30
72
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (68) and the top rated plan (91) could equate to:
[How is this calculated?]
15 additional years of work
Up to $92,900 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

GASCO Drilling, Inc. Profit Sharing Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 68. This plan is in the top 15% of plans for Account Balances and Company Generosity. GASCO Drilling, Inc. Profit Sharing Plan currently has fewer than 100 active participants and over $8.0M in plan assets.


 Investment Menu Statistics

No. of Investment Options
14
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. American Funds Money Market 20%
2. American Funds Target Date Retirement 2030 10%
3. American Funds Target Date Retirement 2020 10%

 
Plan Component Ratings

 Retirement Plan Details

Address 530 Ratcliff Drive P O Drawer 330
Cedar Bluff, VA 24609 
Industry Mining, Quarrying, and Oil and Gas Extraction
Administrator Freda S Rasnake
Net Plan Assets $8,010,000
Total Participants 86
Avg Account Balance $99,000

 
Plan Service Providers

Recordkeeper Carl A. Nelson and Co.
Auditor Brown, Edwards & Company, L.L.P.