Overview

Plan Rating

BrightScope Rating
75
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (9)
Average in Peer Group (65)
Highest in Peer Group (86)

Plan Description

The Witmer Group Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 75, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity. The Witmer Group Retirement Plan currently has over 100 active participants and over $13.1M in plan assets.

Did you know?

For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (75) and the top rated plan (86) could equate to:
6
Additional years of work
61,053
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 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 1003 Cornerstone Drive
  • Location
    Mount Joy , PA
  • 17552
  • Industry
    Construction
  • Administrator
    Kenneth Schwebel
  • Net Plan Assets
    $13,100,000
  • Total Participants
    170
  • Avg Account Balance
    $90,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Great

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

24

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
T. Rowe Price Retirement 87%
1%
Participant Loans 2%
N/A
T. Rowe Price Blue Chip Growth 1%
67%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
The Witmer Group Retirement Plan
Investment Adviser
First National Trust Company
Recordkeeper
Empower
Administration
The Retirement Advantage
Auditor
Reinsel Kuntz Lesher, LLP

Articles and Questions

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