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Company:
Synergy Global Solutions, Inc.
Plan:
Synergy Global Solutions, Inc. Employee Stock Ownership Plan
 

Synergy Global Solutions, Inc.

62 Plan:

 
 
62
27
55
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (62) and the top rated plan (84) could equate to:
[How is this calculated?]
10 additional years of work
Up to $173,700 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

Synergy Global Solutions, Inc. Employee Stock Ownership Plan is a defined contribution plan with a leveraged ESOP component. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Synergy Global Solutions, Inc. Employee Stock Ownership Plan currently has over 200 active participants and over $16.2M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
3
Plan Average: 24
Top 3 Funds in this 401k
1. Total Company Stock 64%
2. Total Common Stocks 33%
3. Cash and Cash Equivalents 1%

 Retirement Plan Details

Address 600 Fishers Station Drive
Victor, NY 14564 
Industry Retail Trade
Administrator Robert Phillips
Net Plan Assets $16,200,000
Total Participants 240
Avg Account Balance $69,000

  Plan Service Provider

Auditor The Bonadio Group, LLC

 Comments