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Company:
The Farash Corporation
Plan:
The Farash Corporation Retirement Savings Plan
 

The Farash Corporation

69 Plan: The Farash Corporation Retirement Savings Plan

 
 
69
25
59
88
0
10
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30
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60
70
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100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (69) and the top rated plan (88) could equate to:
[How is this calculated?]
12 additional years of work
Up to $61,300 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

The Farash Corporation Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69. This plan is in the top 15% of plans for Investment Menu Quality and Participation Rate. The Farash Corporation Retirement Savings Plan currently has fewer than 100 active participants and over $4.0M in plan assets.

 

 Retirement Plan Details

Address 919 Winton Rd S
Rochester, NY 14618-1633 
Industry Lessors of Residential Buildings and Dwellings
Administrator Dawn Lannon
Net Plan Assets $3,950,000
Total Participants 94
Avg Account Balance $42,000

 Top 3 Funds in this 401k

1. Principal Guaranteed Interest Account 22%
2. Principal Large Cap S&P 500 Index 13%
3. Principal Large Cap Blend I 7%

  Plan Service Providers

Auditor Eldredge, Fox & Porretti, LLP
Administration Principal Financial Group
Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Tower Square Securities

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