Associated Benefits Corporation

65
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
65
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 (66)
Highest in Peer Group (88)

Plan Description

The Associated Benefits Corporation Thrift Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 35% of plans for Participation Rate. The Associated Benefits Corporation Thrift Plan currently has over 100 active participants and over $4.9M in plan assets.

Did you know?

For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (65) and the top rated plan (88) could equate to:
12
Additional years of work
97,554
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 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 1998 Ruffin Mill Rd
  • Location
    Colonial Heights , VA
  • 23834-5913
  • Industry
    Other Direct Selling Establishments
  • Administrator
    Kelly Hayertz
  • Sponsor
    Mark Morrison
  • Net Plan Assets
    $4,900,000
  • Total Participants
    150
  • Avg Account Balance
    $34,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Low Fees
Company Generosity:
Average

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

23

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
American Funds Growth Fund of America 17%
25%
Vanguard Institutional Index 12%
9%
MFS International New Discovery 11%
96%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Corporate Trustee
Wells Fargo
Recordkeeper
Wells Fargo
Auditor
Deloitte & Touche, LLP

Articles and Questions

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