Overview

Plan Rating

BrightScope Rating
55
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (36)
Average in Peer Group (65)
Highest in Peer Group (85)

Plan Description

Medco 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Salary Deferral and Total Plan Cost. Medco 401k Plan currently has over 100 active participants and over $2.2M in plan assets.

Did you know?

For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (55) and the top rated plan (85) could equate to:
14
Additional years of work
189,598
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 190 Rodeo Dr
  • Location
    Edgewood , NY
  • 11717-8317
  • Industry
    Manufacturing
  • Administrator
    Cheryl Sickles
  • Net Plan Assets
    $2,250,000
  • Total Participants
    110
  • Avg Account Balance
    $40,000

Plan Components

Component Ratings

Design

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

Performance

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

Design

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

Performance

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

Peer Group Plans

Company Rating
Zapi 64.6
E.P.E. 57.6
Adalet/Scott Fetzer Company 56.2
Composite Modules 53.3
Electro Technik Industries 51.0
Mid-South Industries 43.0

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

24

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
T. Rowe Price Retirement 47%
1%
Total Guaranteed Investment Contracts 27%
N/A
State Street Equity 500 Index 6%
71%
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
Axa Equitable
Insurance Advisor/Broker
Holt Charles
Auditor
Giambalvo, Staler & Company

Articles and Questions

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