Summit Management Group Holding Co., Inc.
50
Plan:
Summit Management Group Holding Co., Inc. 401k Profit Sharing Plan
21
51
77
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (50) and the top rated plan (77) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $201,200 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
Summit Management Group Holding Co., Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. Summit Management Group Holding Co., Inc. 401k Profit Sharing Plan currently has over 600 active participants and over $9.3M in plan assets.
Retirement Plan Details
| Address |
800 Federal Boulevard
Carteret, NJ 07008 |
| Industry | Transportation and Warehousing |
| Administrator | Neil Devine |
| Net Plan Assets | $9,310,000 |
| Total Participants | 640 |
| Avg Account Balance | $15,000 |
Compare Other Companies in Peer Group
| MME | 58.6 |
| Los Angeles Truck Centers, LLC | 57.2 |
| New World Van Lines | 56.1 |
| NuCo2 Management LLC | 54.3 |
| D.M. Bowman | 48.5 |
| American Bulk Commodities | 45.6 |
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