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Company:
Madison Cortland Chapter, NYSARC, Inc.
Plan:
Madison Cortland Retirement Plan
 

Madison Cortland Chapter, NYSARC, Inc.

50 Plan:

 
 
50
10
57
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (50) and the top rated plan (82) could equate to:
[How is this calculated?]
15 additional years of work
Up to $186,800 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

Madison Cortland Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. This plan is in the top 35% of plans for Company Generosity. Madison Cortland Retirement Plan currently has over 500 active participants and over $6.0M in plan assets.

 

 Retirement Plan Details

Address 701 Lenox Ave
Oneida, NY 13421-1500 
Industry Other Services (except Public Administration)
Administrator Cheryl S. Gifford
Sponsor Raymond Lewardowsky
Net Plan Assets $6,030,000
Total Participants 500
Avg Account Balance $13,000

 Top 3 Funds in this 401k

1. Bank of America Retirement Preservation Trust 26%
2. BlackRock Large Cap Core 12%
3. Participant Loans 7%

  Plan Service Providers

Auditor Marvin and Company, P.C.
Recordkeeper Ascensus, Inc.

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