Overview

Plan Rating

BrightScope Rating
59
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (31)
Average in Peer Group (61)
Highest in Peer Group (85)

Plan Description

Monterey Pacific, Inc. Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 35% of plans for Account Balances and Total Plan Cost. Monterey Pacific, Inc. Retirement Plan currently has over 100 active participants and over $6.6M in plan assets.

Did you know?

For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (59) and the top rated plan (85) could equate to:
14
Additional years of work
94,759
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 40410 Arroyo Seco Road
  • Location
    Soledad , CA
  • 93960
  • Industry
    Agriculture, Forestry, Fishing and Hunting
  • Administrator
    Steve Mcintyre
  • Net Plan Assets
    $6,570,000
  • Total Participants
    190
  • Avg Account Balance
    $64,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Average

Performance

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

Peer Group Plans

Company Rating
Frank Donio 62.2
NFO 59.3
Natural Beauty Growers, LLC 54.3
Sylvan Foods 54.0
Fisher Ranch, LLC 50.1
Woerner Management 45.4

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

41

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard LifeStrategy Conservative Growth 24%
22%
Vanguard LifeStrategy Moderate Growth 16%
30%
Vanguard LifeStrategy Income 16%
8%
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
Commonwealth Financial Network
Recordkeeper
Ascensus, LLC
Auditor
Hayashi & Wayland

Articles and Questions

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