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Company:
Scholastic Bus Company
Plan:
Scholastic Bus Co./Student Express, LLC 401k Plan
 

Scholastic Bus Company

40 Plan: Scholastic Bus Co./Student Express, LLC 401k Plan

 
 
40
21
52
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 47 point difference between this plan's BrightScope Rating (40) and the top rated plan (87) could equate to:
[How is this calculated?]
22 additional years of work
Up to $288,000 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

Scholastic Bus Co./Student Express, LLC 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 40. This plan is in the top 35% of plans for Investment Menu Quality. Scholastic Bus Co./Student Express, LLC 401k Plan currently has over 200 active participants and over $1.9M in plan assets.

 

 Retirement Plan Details

Address 93 Prospect Place, P.O. Box 339
Hillsdale, NJ 07642 
Industry School and Employee Bus Transportation
Administrator Michael P. Ely
Net Plan Assets $1,930,000
Total Participants 290
Avg Account Balance $7,000

 Compare Other Companies in Peer Group

H&L Bloom 50.7
Kobussen Buses, Ltd. 49.4
Alltown Bus Service 34.9
Independent Coach 31.8
GVC, Ltd. 21.3
Alpha School Bus 20.8

 Top 3 Funds in this 401k

1. UBS Money Market 27%
2. UBS Small Company Value 17%
3. UBS Strategic Balanced 13%

  Plan Service Providers

Auditor Gramkow, Carnevale, Seifert & Co.,
Corporate Trustee Wilmington Trust Corp.

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