Overview

Plan Rating

BrightScope Rating
45
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (32)
Average in Peer Group (56)
Highest in Peer Group (81)

Plan Description

Dependable Cleaners, Inc. 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 45. Dependable Cleaners, Inc. 401k Retirement Plan currently has over 100 active participants and over $1.8M in plan assets.

Did you know?

For the average 401k participant, the 36 point difference between this plan's BrightScope Rating (45) and the top rated plan (81) could equate to:
16
Additional years of work
242,816
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 320 Quincy Ave
  • Location
    Quincy , MA
  • 02169-8108
  • Industry
    Coin-Operated Laundries and Drycleaners
  • Administrator
    Christa Hagearty
  • Net Plan Assets
    $1,830,000
  • Total Participants
    160
  • Avg Account Balance
    $27,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

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

Design

Total Plan Cost:
High Fees
Company Generosity:
Average

Performance

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

Peer Group Plans

Company Rating
Hercules Corp. 66.2
Reino Linen Service 60.9
Handcraft Cleaners & Launderers 57.0
Jetz Service Company 55.7
Fazio 50.0
ACW Management 46.3
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

13

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Conservative Portfolio MISC 45%
N/A
Moderate Portfolio MISC 24%
N/A
Aggressive Portfolio MISC 21%
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
Recordkeeper
Newport Group Securities, Inc.
Consultant
Newport Group Securities, Inc.
Investment Adviser
Lincoln Financial
Auditor
Di Pesa & Company, CPAS

Articles and Questions

Boeing Plan Report (Updated)

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