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Company:
Oak Hospitality Corporation
Plan:
Hospitality 401k Savings & Retirement Plan
 

Oak Hospitality Corporation

45 Plan: Hospitality 401k Savings & Retirement Plan

 
 
45
23
50
71
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (45) and the top rated plan (71) could equate to:
[How is this calculated?]
11 additional years of work
Up to $162,900 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.

 

 Comments

Retirement Plan Description

Hospitality 401k Savings & Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 45. This plan is in the top 35% of plans for Investment Menu Quality. Hospitality 401k Savings & Retirement Plan currently has over 200 active participants and over $2.0M in plan assets.

 Retirement Plan Details

Address 2424 Route 52
Hopewell Junction, NY 12533-3221 
Industry Hotels (except Casino Hotels) and Motels
Administrator Craig Kendziera
Net Plan Assets $2,020,000
Total Participants 280
Avg Account Balance $7,200

 Top 3 Funds in this 401k

1. American Funds Washington Mutual 22%
2. ING Index Plus LargeCap 22%
3. American Funds EuroPacific Growth 15%

  Plan Service Providers

Insurance Carrier ING
Corporate Trustee ING
Insurance Advisor/Broker Walnut Street Securities
Insurance Advisor/Broker Thesco Benefits, LLC
Recordkeeper ING

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