Mineral Enterprises, Inc.

45
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
45
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 (58)
Highest in Peer Group (89)

Plan Description

Mineral Enterprises, Inc. Profit Sharing Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 45. This plan is in the top 35% of plans for Company Generosity and Participation Rate. Mineral Enterprises, Inc. Profit Sharing Plan currently has fewer than 100 active participants and over $812.2K in plan assets.

Did you know?

For the average 401k participant, the 44 point difference between this plan's BrightScope Rating (45) and the top rated plan (89) could equate to:
21
Additional years of work
239,769
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 9/30/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 383 Smithfield Avenue
  • Location
    Pawtucket , RI
  • 02860
  • Industry
    Accommodation and Food Services
  • Administrator
    Guido Petrosinelli
  • Net Plan Assets
    $810,000
  • Total Participants
    86
  • Avg Account Balance
    $9,800

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Above Average

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Great

Performance

Participation Rate:
Great
Salary Deferrals:
Poor
Account Balance:
Average

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

9

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Invesco Main Street 16%
57%
Invesco Limited-Term Government 16%
N/A
Invesco Rising Dividends 16%
80%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Provider

SERVICE PROVIDER
Auditor
Carl Weinberg & Company

Articles and Questions

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