Overview

Plan Rating

BrightScope Rating
49
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (33)
Average in Peer Group (64)
Highest in Peer Group (89)

Plan Description

Coit Services, Inc. Employee Savings & Retirmement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 49. Coit Services, Inc. Employee Savings & Retirmement Plan currently has over 400 active participants and over $9.1M in plan assets.

Did you know?

For the average 401k participant, the 40 point difference between this plan's BrightScope Rating (49) and the top rated plan (89) could equate to:
20
Additional years of work
184,711
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 897 Hinckley Road
  • Location
    Burlingame , CA
  • 94010
  • Industry
    Drycleaning and Laundry Services (except Coin-Operated)
  • Administrator
    Doug Kitzmiller
  • Net Plan Assets
    $9,110,000
  • Total Participants
    430
  • Avg Account Balance
    $24,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Below Avg.

Performance

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

Design

Total Plan Cost:
High Fees
Company Generosity:
Below Avg.

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

32

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
American Funds (Capital Group) Target Date Retirement 18%
N/A
MassMutual Fixed Interest Account 15%
N/A
MassMutual RetireSMART Moderate 13%
N/A
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
MassMutual
Insurance Carrier
Hartford
Insurance Advisor/Broker
Kestra Advisory Services, LLC
Recordkeeper
MassMutual
Administration
Hicks Pension Services
Investment Adviser
Kestra Advisory Services, LLC
Auditor
Shea Labagh Dobberstein

Articles and Questions

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