NYSA-ILA Money Purchase Pension Fund and Plan

70
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
70
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (22)
Average in Peer Group (64)
Highest in Peer Group (92)

Plan Description

NYSA-ILA Money Purchase Pension Fund and Plan is a defined contribution plan. This plan has a BrightScope Rating of 70. This plan is in the top 15% of plans for Account Balances, Company Generosity, and Participation Rate. NYSA-ILA Money Purchase Pension Fund and Plan currently has over 4,100 active participants and over $412.5M in plan assets.

Did you know?

For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (70) and the top rated plan (92) could equate to:
16
Additional years of work
81,806
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 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 10 Exchange Place Suite 1400
  • Location
    Jersey City , NJ
  • 07302
  • Industry
    Transportation and Warehousing
  • Administrator
    John J. Nardi & Harold J. Daggett
  • Net Plan Assets
    $413,000,000
  • Total Participants
    4,100
  • Avg Account Balance
    $100,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Above Average

Performance

Participation Rate:
Great
Salary Deferrals:
Poor
Account Balance:
Average
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

31

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Prudential Guaranteed Long-Term Account 41%
N/A
Prudential Retirement Goal 30%
N/A
Fidelity Contrafund 5%
86%
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
Prudential
Insurance Advisor/Broker
John C. Schmitt
Legal Counsel
The Lambos Firm
Legal Counsel
Marrinan, Mazzola Mardon, Pc
Auditor
Desena & Co, Cpais, LLC

Articles and Questions

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