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Company:
FAPS, Inc.
Plan:
FAPS, Inc. Union 401k Plan
 

FAPS, Inc.

30 Plan:

 
 
30
33
64
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 56 point difference between this plan's BrightScope Rating (30) and the top rated plan (86) could equate to:
[How is this calculated?]
26 additional years of work
Up to $404,100 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

FAPS, Inc. Union 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 30. FAPS, Inc. Union 401k Plan currently has over 200 active participants and over $2.7M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address Building 371, Craneway Street
Port Newark, NJ 07114-3114 
Industry Wholesale Trade
Administrator Gary Lobue
Net Plan Assets $2,660,000
Total Participants 220
Avg Account Balance $12,000

 Compare Other Companies in Peer Group

Sonnax Industries 68.5
Allied Oil & Supply 59.0
America's Powersports 48.4
Ron Baker Chevrolet 47.3
Cal-State Auto Parts 36.8
West Springfield Auto Parts 32.9

 Top 3 Funds in this 401k

1. Wells Fargo Stable Return Trust 64%
2. Participant Loans 8%
3. American Funds Growth Fund of America 4%

  Plan Service Providers

Corporate Trustee Wells Fargo (Wachovia)
Recordkeeper Wells Fargo (Wachovia)
Auditor J.H. Cohn

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