Overview

Plan Rating

BrightScope Rating
73
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (33)
Average in Peer Group (57)
Highest in Peer Group (84)

Plan Description

Neogrid 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Salary Deferral. Neogrid 401k Plan currently has fewer than 100 active participants and over $4.8M in plan assets.

Did you know?

For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (73) and the top rated plan (84) could equate to:
6
Additional years of work
54,865
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 12/31/2015
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 55 W. Monroe Street, Suite 3590
  • Location
    Chicago , IL
  • 60603
  • Industry
    Electronic Shopping and Mail-Order Houses
  • Administrator
    Kathleen Conneely
  • Net Plan Assets
    $4,820,000
  • Total Participants
    92
  • Avg Account Balance
    $55,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Above Average

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Great

Performance

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

Peer Group Plans

Company Rating
Allied Electronics 74.6
Ebags,Inc. 70.9
Purchasing Power, LLC 70.8
MBl, lnc. 68.3
Replacements, Ltd. 66.3
Littleton Coin Company, LLC 59.8

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
Oakmark Equity & Income 14%
90%
Wasatch Core Growth 13%
48%
Morley Stable Value Fund 10%
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.
Investment Adviser
Hunter Michael Investment Advisors Inc
Corporate Trustee
Charles Schwab
Auditor
Lipschultz, Levin and Gray, LLC

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

Why Do Investment Expenses Matter?
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