Overview

Plan Rating

BrightScope Rating
40
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (6)
Average in Peer Group (70)
Highest in Peer Group (84)

Plan Description

2700 Payroll, Inc. Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 40. This plan is in the top 15% of plans for Salary Deferral. 2700 Payroll, Inc. Profit Sharing Plan currently has over 100 active participants and over $2.7M in plan assets.

Did you know?

For the average 401k participant, the 44 point difference between this plan's BrightScope Rating (40) and the top rated plan (84) could equate to:
20
Additional years of work
311,667
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 12/31/2016
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 49 W. 32nd Street 2nd Floor
  • Location
    New York City , NY
  • 10001
  • Industry
    Payroll Services
  • Net Plan Assets
    $2,700,000
  • Total Participants
    150
  • Avg Account Balance
    $30,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Average

Performance

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

Peer Group Plans

Company Rating
Strongbridge 73.9
TPG 69.6
Interlogic Outsourcing 64.0
Paymaster 62.1
SRF Personnel 57.8
Wall & Associates 55.9
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

20

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
SEI Asset Allocation Aggressive Strategy 44%
72%
SEI Asset Allocation Moderate Strategy 18%
31%
SEI Asset Allocation Defensive Strategy 9%
42%
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
Wells Fargo
Recordkeeper
American Pension Corporation
Auditor
Raich, Ende, Malter & Co, LLP

Articles and Questions

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