P.C. Richard & Son Long Island Corporation

66
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
66
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (21)
Average in Peer Group (55)
Highest in Peer Group (83)

Plan Description

P.C. Richard & Son 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Account Balances. P.C. Richard & Son 401k Savings Plan currently has over 2,400 active participants and over $104.3M in plan assets.

Did you know?

For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (66) and the top rated plan (83) could equate to:
8
Additional years of work
137,745
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 12/31/2014
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 150 Price Parkway
  • Location
    Farmingdale , NY
  • 11735
  • Industry
    Electronics Stores
  • Administrator
    Cathyann Winter
  • Net Plan Assets
    $104,000,000
  • Total Participants
    2,400
  • Avg Account Balance
    $58,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

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

Peer Group Plans

Company Rating
ABC Appliance 55.9
Bray & Scarff 53.1
A & A Quality Appliance 51.6
Wireless Vision, Llc 50.8
Gregg Appliances 50.1
Standard Appliance 47.8
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Investments

Investment Menu Stats

# of Investment Options

22

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
New York Life Anchor Account 21%
N/A
Munder Mid-Cap Core Growth 10%
68%
MainStay S&P 500 Index 9%
41%
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
New York Life
Recordkeeper
New York Life
Investment Adviser
CAPTRUST Financial Advisors
Auditor
Giambalvo, Giammarese & Stalzer,Cpa

Articles and Questions

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