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Company:
Damon Morey LLP
Plan:
Damon Morey LLP Profit Sharing and 401k Plan
 

Damon Morey LLP

81 Plan: Damon Morey LLP Profit Sharing and 401k Plan

 
 
81
29
62
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (81) and the top rated plan (90) could equate to:
[How is this calculated?]
7 additional years of work
Up to $30,000 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

Damon Morey LLP Profit Sharing and 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 81, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Damon Morey LLP Profit Sharing and 401k Plan currently has over 200 active participants and over $28.3M in plan assets.


 Investment Menu Statistics

No. of Investment Options
25
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Vanguard 500 Index 11%
2. Vanguard Growth Index 8%
3. Vanguard Wellington 8%

 Retirement Plan Details

Address 200 Delaware Avenue
Suite 1200
Buffalo, NY 14202-2150 
Industry Offices of Lawyers
Administrator Debbie M. Schwarz
Net Plan Assets $28,300,000
Total Participants 240
Avg Account Balance $130,000

  Plan Service Providers

Recordkeeper Vanguard Group
Auditor KP Lynch CPA PC