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Company:
Damon & Morey LLP
Plan:
Damon & Morey LLP Profit Sharing and 401K Plan
 

Damon & Morey LLP

80 Plan: Damon & Morey LLP Profit Sharing and 401K Plan

 
 
80
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63
86
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For the average 401k participant, the 6 point difference between this plan's BrightScope Rating (80) and the top rated plan (86) could equate to:
[How is this calculated?]
4 additional years of work
Up to $38,300 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 80, 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, and Total Plan Cost. Damon & Morey LLP Profit Sharing and 401K Plan currently has over 200 active participants and over $27.5M in plan assets.

 

 Retirement Plan Details

Address 200 Delaware Avenue
Buffalo, NY 14202-2150 
Industry Offices of Lawyers
Net Plan Assets $27,500,000
Total Participants 220
Avg Account Balance $120,000

 Top 3 Funds in this 401k

1. Vanguard 500 Index 13%
2. Vanguard LifeStrategy Conservative Growth 11%
3. Vanguard LifeStrategy Growth 11%

  Plan Service Provider

Auditor KP Lynch CPA PC

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