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Company:
Rossi Lumber Company
Plan:
Rossi Lumber Company 401k Profit Sharing Plan
 

Rossi Lumber Company

55 Plan: Rossi Lumber Company 401k Profit Sharing Plan

 
 
55
28
56
79
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 (55) and the top rated plan (79) could equate to:
[How is this calculated?]
11 additional years of work
Up to $112,400 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

Rossi Lumber Company 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Salary Deferral. Rossi Lumber Company 401k Profit Sharing Plan currently has over 200 active participants and over $3.0M in plan assets.

 

 Retirement Plan Details

Address 162 West St
Cromwell, CT 06416-4404 
Industry Manufacturing
Administrator Sylvie P Bowley
Sponsor Andrew E. Becker
Net Plan Assets $3,030,000
Total Participants 230
Avg Account Balance $14,000

 Top 3 Funds in this 401k

1. Principal Fixed Income Account 13%
2. Principal Large Cap S&P 500 Index 11%
3. Russell LifePoints Equity Growth Strategy 10%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Administration Principal Financial Group
Auditor Kostin, Ruffkess & Company, LLC
Insurance Advisor/Broker UBS

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