Overview

Plan Rating

BrightScope Rating
68
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (37)
Average in Peer Group (67)
Highest in Peer Group (86)

Plan Description

Red Thread Spaces LLC 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 35% of plans for Account Balances, Participation Rate, and Salary Deferral. Red Thread Spaces LLC 401k Plan currently has over 500 active participants and over $27.6M in plan assets.

Did you know?

For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (68) and the top rated plan (86) could equate to:
10
Additional years of work
108,610
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 2/28/2015
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 22 Boston Wharf Road
  • Location
    Boston , MA
  • 02210-1101
  • Industry
    Furniture Stores
  • Administrator
    Scott Lynch
  • Sponsor
    Orlando Corsi
  • Net Plan Assets
    $27,600,000
  • Total Participants
    500
  • Avg Account Balance
    $58,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Poor

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Poor

Performance

Participation Rate:
Average
Salary Deferrals:
Average
Account Balance:
Average
Are you a Plan Sponsor?
Benchmark your plan against others to achieve your business objectives.

Investments

Investment Menu Stats

# of Investment Options

18

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Franklin Growth 22%
31%
Putnam Equity Income 15%
71%
Hartford International Opportunities 12%
61%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Investment Adviser
Mercer (Marsh & McLennan)
Corporate Trustee
Putnam Investments
Recordkeeper
Putnam Investments
Auditor
BDO Seidman, LLP