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Company:
Source Financing Corp.
Plan:
Fortunoff, the Source, Capital Accumulation Plan
 

Source Financing Corp.

51 Plan:

 
 
51
19
54
74
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (51) and the top rated plan (74) could equate to:
[How is this calculated?]
9 additional years of work
Up to $191,300 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

Fortunoff, the Source, Capital Accumulation Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 51. This plan is in the top 35% of plans for Total Plan Cost. Fortunoff, the Source, Capital Accumulation Plan currently has over 3,100 active participants and over $54.9M in plan assets.

 

 Retirement Plan Details

Address P O Box 132
Westbury, NY 11590-0132 
Industry Retail Trade
Administrator Patrick Shanley
Net Plan Assets $54,900,000
Total Participants 3,200
Avg Account Balance $17,000

 Compare Other Companies in Peer Group

Bi-Mart 60.1
Costco Wholesale 56.9
Fleet Wholesale Supply Co 55.8
Food Pantry LTD 55.2
Gottschalks 52.8
Aaron's 51.9

 Top 3 Funds in this 401k

1. Invesco Van Kampen Equity and Income 20%
2. Gartmore Morley Stable Value 19%
3. American Funds Growth Fund of America 14%

  Plan Service Providers

Auditor Mayer Hoffman McCann
Administration Wells Fargo (Wachovia)

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