Overview

Plan Rating

BrightScope Rating
62
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (24)
Average in Peer Group (59)
Highest in Peer Group (88)

Plan Description

The Contractors Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Participation Rate. The Contractors Retirement Plan currently has fewer than 100 active participants and over $217.5K in plan assets.

Did you know?

For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (62) and the top rated plan (88) could equate to:
12
Additional years of work
135,619
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 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 360 W Alden Court
  • Location
    Chicago Heights , IL
  • 60411
  • Industry
    Construction
  • Administrator
    Rosalia Turner
  • Net Plan Assets
    $220,000
  • Total Participants
    30
  • Avg Account Balance
    $7,300

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Above Average

Performance

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

Design

Total Plan Cost:
Low Fees
Company Generosity:
Great

Performance

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

Peer Group Plans

Company Rating
Abax 64.3
Skyline Steel 62.0
Agate 61.7
Hammer Construction 49.1
Kellogg Brown & Root LLC 40.1
Lake Painting 23.6

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

1

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Total Other Investments 100%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Provider

SERVICE PROVIDER
Auditor
Erickson Demel & Co., PLLC

Articles and Questions

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