Overview

Plan Rating

BrightScope Rating
46
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (17)
Average in Peer Group (66)
Highest in Peer Group (92)

Plan Description

Alclear, LLC 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 46. Alclear, LLC 401k Plan currently has over 1,300 active participants and over $3.1M in plan assets.

Did you know?

For the average 401k participant, the 46 point difference between this plan's BrightScope Rating (46) and the top rated plan (92) could equate to:
24
Additional years of work
289,096
Lost 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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 650 5th Ave Suite 1200
  • Location
    New York , NY
  • 10019-6108
  • Industry
    Transportation and Warehousing
  • Administrator
    Nickie Basilone
  • Net Plan Assets
    $3,090,000
  • Total Participants
    1,400
  • Avg Account Balance
    $2,700

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

Participation Rate:
Average
Salary Deferrals:
Poor
Account Balance:
Poor

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

Participation Rate:
Above Average
Salary Deferrals:
Poor
Account Balance:
Poor

Peer Group Plans

Company Rating
Motivate, LLC 60.3
Transdev On Demand 56.7
Utah Trucking Association 56.1
Export Packaging Co. 54.4
Exel 53.1
Air General 43.1

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

25

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Principal Financial Group LifeTime Hybrid 73%
N/A
Principal Large Cap S&P 500 Index 8%
N/A
Principal LargeCap Growth I 6%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
Principal Financial Group
Administration
Principal Financial Group
Recordkeeper
Principal Financial Group
Investment Adviser
401k Advisors
Auditor
Bdg- CPA

Articles and Questions

Boeing Plan Report (Updated)

Boeing Fee Settlement Highlights the High Bar for Large Plans

Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves

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