Local 1102 401k Retirement Plan

23
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
23
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (3)
Average in Peer Group (49)
Highest in Peer Group (84)

Plan Description

Local 1102 401k Retirement Plan is a defined contribution plan. This plan has a BrightScope Rating of 23. Local 1102 401k Retirement Plan currently has over 2,000 active participants and over $11.7M in plan assets.

Did you know?

For the average 401k participant, the 61 point difference between this plan's BrightScope Rating (23) and the top rated plan (84) could equate to:
28
Additional years of work
549,943
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 311 Crossways Park Drive
  • Location
    Woodbury , NY
  • 11797
  • Industry
    Accommodation and Food Services
  • Administrator
    Alvin Ramnarain
  • Net Plan Assets
    $11,700,000
  • Total Participants
    2,000
  • Avg Account Balance
    $9,400

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Average

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

18

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Principal Financial Group LifeTime Hybrid 92%
N/A
DFA Intermediate Government Fixed Income 3%
2%
PIMCO Total Return 2%
36%
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
Principal Financial Group
Administration
Principal Financial Group
Recordkeeper
Principal Financial Group
Auditor
Berdon, LLP

Articles and Questions

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Why Do Investment Expenses Matter?
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