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Company:
Skinder-Strauss Associates
Plan:
Skinder-Strauss Associates 401k Profit Sharing Plan
 

Skinder-Strauss Associates

73 Plan: Skinder-Strauss Associates 401k Profit Sharing Plan

 
 
73
36
73
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (73) and the top rated plan (90) could equate to:
[How is this calculated?]
11 additional years of work
Up to $120,300 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

Skinder-Strauss Associates 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73. This plan is in the top 15% of plans for Investment Menu Quality and Participation Rate. Skinder-Strauss Associates 401k Profit Sharing Plan currently has over 100 active participants and over $7.3M in plan assets.

 

 Retirement Plan Details

Address 240 Mulberry Street
Suite 50
Newark, NJ 07102 
Industry Professional, Scientific, and Technical Services
Administrator Michael Skinder
Net Plan Assets $7,310,000
Total Participants 140
Avg Account Balance $52,000

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Growth 44%
2. John Hancock Funds II Lifestyle Balanced 20%
3. John Hancock Funds II Lifestyle Aggressive 6%

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker Willis Group
Auditor J.H. Cohn

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