Overview

Plan Rating

BrightScope Rating
77
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (50)
Average in Peer Group (78)
Highest in Peer Group (87)

Plan Description

Skyword Inc. 401k Profit Sharing Plan and Trust Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 77. This plan is in the top 15% of plans for Salary Deferral. Skyword Inc. 401k Profit Sharing Plan and Trust Plan currently has over 200 active participants and over $5.9M in plan assets.

Did you know?

For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (77) and the top rated plan (87) could equate to:
7
Additional years of work
*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 38 Chauncy Street 14th Floor
  • Location
    Boston , MA
  • 02111
  • Industry
    Information
  • Administrator
    Nelson P. Sousa, Jr.
  • Net Plan Assets
    $5,940,000
  • Total Participants
    240
  • Avg Account Balance
    $28,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Above Average

Performance

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

Peer Group Plans

Company Rating
Fungible 81.6
ZEFR 80.0
Nativo 79.2
NinthDecimal 78.9
Quartz Media 74.4
Verge Solutions, LLC 72.4

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

28

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
T. Rowe Price Retirement 45%
1%
State Street S&P 500 Index 14%
N/A
T. Rowe Price Retirement Balanced 9%
10%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
ADP
Auditor
Gray, Gray & Gray

Articles and Questions

Boeing Plan Report (Updated)

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Why Do Investment Expenses Matter?
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