Overview

Plan Rating

BrightScope Rating
43
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (15)
Average in Peer Group (57)
Highest in Peer Group (90)

Plan Description

Oceanside Institutional Industries, Inc. 401k Plan/Union is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 43. Oceanside Institutional Industries, Inc. 401k Plan/Union currently has over 200 active participants and over $290.6K in plan assets.

Did you know?

For the average 401k participant, the 47 point difference between this plan's BrightScope Rating (43) and the top rated plan (90) could equate to:
24
Additional years of work
316,701
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 12/31/2012
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 2525 Long Beach Road
  • Location
    Oceanside , NY
  • 11572
  • Industry
    Other Services (except Public Administration)
  • Administrator
    Sandra Lipkowitz
  • Sponsor
    Randi Gertler
  • Net Plan Assets
    $290,000
  • Total Participants
    210
  • Avg Account Balance
    $13,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Poor

Performance

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

Design

Total Plan Cost:
Low Fees
Company Generosity:
Average

Performance

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

Investment Menu Stats

# of Investment Options

17

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Calvert Income 14%
49%
Invesco S&P 500 Index 13%
64%
Morgan Stanley US Government Securities 12%
11%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
Morgan Stanley
Auditor
Weisermazars Wealth Advisors, LLC