Varney, Inc.
62
Plan:
Varney Retirement Savings Plan
36
70
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (62) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $83,900 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
Varney Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. Varney Retirement Savings Plan currently has over 100 active participants and over $2.3M in plan assets.
Retirement Plan Details
| Address |
32 Oak St
Bangor, ME 04401-6515 |
| Industry | Insurance Agencies and Brokerages |
| Administrator | Dean Andrews |
| Net Plan Assets | $2,340,000 |
| Total Participants | 120 |
| Avg Account Balance | $19,000 |
Compare Other Companies in Peer Group
| The Mattei Companies LLC | 72.9 |
| Hotchkiss Insurance Agency | 69.6 |
| NLASCO Services | 61.8 |
| Benefit Services Agency of Ohio | 61.5 |
| Gettysburg Health Administrators | 61.5 |
| USG Management Services of FL | 58.8 |
Comments