Lombardo Homes of SE Michigan, LLC

69
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
69
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (44)
Average in Peer Group (72)
Highest in Peer Group (85)

Plan Description

Lombardo 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69. This plan is in the top 35% of plans for Participation Rate and Salary Deferral. Lombardo 401k Plan currently has over 200 active participants and over $7.8M in plan assets.

Did you know?

For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (69) and the top rated plan (85) could equate to:
9
Additional years of work
48,151
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 13001 23 Mile Rd. Suite 200
  • Location
    Shelby Township , MI
  • 48315
  • Industry
    Construction
  • Administrator
    Anna Lisa Lombardo
  • Net Plan Assets
    $7,820,000
  • Total Participants
    200
  • Avg Account Balance
    $41,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Above Average

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

29

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
T. Rowe Price Target Retirement 28%
20%
Vanguard 500 Index 13%
15%
MainStay Large Cap Growth 12%
48%
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
Plante & Moran, PLLC
Consultant
Plante & Moran, PLLC
Recordkeeper
Alliance Benefit Group
Consultant
Alliance Benefit Group
Corporate Trustee
Charles Schwab
Recordkeeper
Charles Schwab
Auditor
Doeren Mayhew Financial Services LLC

Articles and Questions

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