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Company:
Springbrook NY, Inc.
Plan:
Springbrook Employees' 401k Plan
 

Springbrook NY, Inc.

56 Plan: Springbrook Employees' 401k Plan

 
 
56
5
49
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 29 point difference between this plan's BrightScope Rating (56) and the top rated plan (85) could equate to:
[How is this calculated?]
15 additional years of work
Up to $132,600 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

Springbrook Employees' 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 15% of plans for Investment Menu Quality. Springbrook Employees' 401k Plan currently has over 500 active participants and over $9.9M in plan assets.

 

 Retirement Plan Details

Address 2705 State Highway 28
Oneonta, NY 13820-3111 
Industry Health Care and Social Assistance
Administrator Richard Carnrike
Net Plan Assets $9,860,000
Total Participants 590
Avg Account Balance $17,000

 Top 3 Funds in this 401k

1. Unified Trust Balanced 60/40 Model 43%
2. Unified Trust Balanced 40/60 Model 26%
3. Unified Trust Aggressive 80/20 Model 13%

  Plan Service Providers

Auditor Bryans & Gramuglia CPAS, LLC
Recordkeeper EBS Benefit Solutions
Insurance Carrier Nationwide

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