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Company:
Umbra Inc.
Plan:
Umbra Inc. 401k Plan
 

Umbra Inc.

55 Plan: Umbra Inc. 401k Plan

 
 
55
25
59
77
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 (55) and the top rated plan (77) could equate to:
[How is this calculated?]
10 additional years of work
Up to $156,800 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

Umbra Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 15% of plans for Investment Menu Quality. Umbra Inc. 401k Plan currently has over 100 active participants and over $1.4M in plan assets.

 

 Retirement Plan Details

Address 1705 Broadway St
Buffalo, NY 14212-2030 
Industry Wholesale Trade
Administrator Howard Rosenburg
Net Plan Assets $1,410,000
Total Participants 100
Avg Account Balance $14,000

 Top 3 Funds in this 401k

1. Principal Equity Income 16%
2. Principal Large Cap S&P 500 Index 11%
3. Principal MidCap Blend 7%

  Plan Service Providers

Auditor Chiampou, Travis, Besaw & Kershner, LLP
Administration Principal Financial Group
Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Choice Employee Benefits Group LLC

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