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Company:
Reed & Reed, Inc.
Plan:
Reed & Reed Retirement Savings Plan
 

Reed & Reed, Inc.

81 Plan: Reed & Reed Retirement Savings Plan

 
 
81
11
62
85
0
10
20
30
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60
70
80
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100
For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (81) and the top rated plan (85) could equate to:
[How is this calculated?]
2 additional years of work
Up to $80,500 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

Reed & Reed Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 81, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity and Participation Rate. Reed & Reed Retirement Savings Plan currently has over 100 active participants and over $13.0M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
35
Plan Average: 24
Top 3 Funds in this 401k
1. Principal Money Market 16%
2. Principal Guaranteed Interest Account 12%
3. Principal MidCap Blend 10%

 Retirement Plan Details

Address Po Box 370
Woolwich, ME 04579-0370 
Industry Highway, Street, and Bridge Construction
Administrator Craig Guerrette
Net Plan Assets $13,000,000
Total Participants 170
Avg Account Balance $76,000

  Plan Service Providers

Insurance Carrier Principal Financial Group
Administration Principal Financial Group
Auditor Berry Dunn Mcneil & Parker

 Comments