Spectraserv, Inc.
73
Plan:
Spectraserv, Inc. 401K and Profit Sharing Plan
3
59
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (73) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $44,300 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
Spectraserv, Inc. 401K and Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances and Salary Deferral. Spectraserv, Inc. 401K and Profit Sharing Plan currently has over 100 active participants and over $13.3M in plan assets.
Retirement Plan Details
| Address |
75 Jacobus Ave
Kearny, NJ 07032-4512 |
| Industry | Construction |
| Administrator | John A. Robbins |
| Sponsor | John A. Robbins - Treasurer |
| Net Plan Assets | $13,300,000 |
| Total Participants | 110 |
| Avg Account Balance | $120,000 |
Comments