Global Aerospace Inc.
83
Plan:
The Capital Accumulation Plan of Global Aerospace Inc.
37
73
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (83) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
3 additional years of work Up to $32,900 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
The Capital Accumulation Plan of Global Aerospace Inc. is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 83, 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, Company Generosity, Participation Rate, and Total Plan Cost. The Capital Accumulation Plan of Global Aerospace Inc. currently has over 200 active participants and over $32.0M in plan assets.
Retirement Plan Details
| Address |
1 Sylvan Way
Parsippany, NJ 07054 |
| Industry | Finance and Insurance |
| Administrator | John Kelly |
| Net Plan Assets | $32,000,000 |
| Total Participants | 290 |
| Avg Account Balance | $110,000 |
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