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Company:
Spencer Reed Group, LLC
Plan:
Spencer Reed Group, LLC Profit Sharing 401k Plan
 

Spencer Reed Group, LLC

60 Plan: Spencer Reed Group, LLC Profit Sharing 401k Plan

 
 
60
13
61
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (60) and the top rated plan (80) could equate to:
[How is this calculated?]
9 additional years of work
Up to $144,000 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

Spencer Reed Group, LLC Profit Sharing 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 15% of plans for Salary Deferral. Spencer Reed Group, LLC Profit Sharing 401k Plan currently has over 500 active participants and over $6.1M in plan assets.

 

 Retirement Plan Details

Address 6900 College Blvd Ste 1
Overland Park, KS 66211-1536 
Industry All Other Professional, Scientific, and Technical Services
Administrator William T. Solon, C.P.C.
Net Plan Assets $6,150,000
Total Participants 520
Avg Account Balance $12,000

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 Top 3 Funds in this 401k

1. American Funds Growth Fund of America 28%
2. American Funds EuroPacific Growth 20%
3. Schwab S&P 500 Index 14%

  Plan Service Providers

Auditor McGladrey
Recordkeeper Milliman

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