Overview

Plan Rating

BrightScope Rating
39
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (20)
Average in Peer Group (54)
Highest in Peer Group (83)

Plan Description

Mg Capital Maintenance Inc 401k Profit Sharing Plan & Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 39. Mg Capital Maintenance Inc 401k Profit Sharing Plan & Trust currently has over 200 active participants and over $1.3M in plan assets.

Did you know?

For the average 401k participant, the 44 point difference between this plan's BrightScope Rating (39) and the top rated plan (83) could equate to:
20
Additional years of work
382,968
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 12/31/2016
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 110 Pheasant Wood Ct. Ste D
  • Location
    Morrisville , NC
  • 27560
  • Industry
    Janitorial Services
  • Administrator
    Yanet Becerra
  • Net Plan Assets
    $1,260,000
  • Total Participants
    200
  • Avg Account Balance
    $12,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Below Avg.

Performance

Participation Rate:
Poor
Salary Deferrals:
Below Avg.
Account Balance:
Poor

Design

Total Plan Cost:
Average Fees
Company Generosity:
Below Avg.

Performance

Participation Rate:
Below Avg.
Salary Deferrals:
Below Avg.
Account Balance:
Poor
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

20

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Mutual of Omaha Guaranteed Investment Account 65%
N/A
Vanguard Group Target Retirement 33%
N/A
Mutual of Omaha Small Company 0%
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
Mutual of Omaha Insurance Company
Insurance Advisor/Broker
First Citizens Bank and Trust
Insurance Advisor/Broker
Enhanced Retirement Solutions
Insurance Advisor/Broker
EPIC Advisors, Inc.
Auditor
Thomas Judy Tucker P.A.

Articles and Questions

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