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Company:
Algonquin Power Systems New York Inc.
Plan:
Algonquin Power 401k Retirement Plan
 

Algonquin Power Systems New York Inc.

66 Plan: Algonquin Power 401k Retirement Plan

 
 
66
19
73
87
0
10
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100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (66) and the top rated plan (87) could equate to:
[How is this calculated?]
11 additional years of work
Up to $154,600 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

Algonquin Power 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 15% of plans for Investment Menu Quality. Algonquin Power 401k Retirement Plan currently has over 100 active participants and over $5.0M in plan assets.

 

 Retirement Plan Details

Address 307 State St Fl 2
Carthage, NY 13619-1411 
Industry Utilities
Administrator David Bronichoski
Net Plan Assets $4,990,000
Total Participants 150
Avg Account Balance $32,000

 Top 3 Funds in this 401k

1. Oppenheimer Developing Markets 16%
2. ING Fixed Account 16%
3. Pioneer High Yield 7%

  Plan Service Providers

Insurance Carrier ING
Auditor Chiampou, Travis, Besaw & Kershner, LLP
Insurance Advisor/Broker Royal Alliance Associates, Inc.

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