Overview

Plan Rating

BrightScope Rating
62
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (24)
Average in Peer Group (65)
Highest in Peer Group (90)

Plan Description

Empire Merchants, LLC 401k Plan for Union Members is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Salary Deferral. Empire Merchants, LLC 401k Plan for Union Members currently has over 1,200 active participants and over $49.9M in plan assets.

Did you know?

For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (62) and the top rated plan (90) could equate to:
16
Additional years of work
219,304
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 12/31/2014
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 16 Bridgewater Street
  • Location
    Brooklyn , NY
  • 11222
  • Industry
    Wholesale Trade
  • Administrator
    Terrence A Arlotta
  • Net Plan Assets
    $49,900,000
  • Total Participants
    1,300
  • Avg Account Balance
    $79,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Poor

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Poor

Performance

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

Investment Menu Stats

# of Investment Options

27

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Wells Fargo Stable Return Trust 26%
N/A
Manning & Napier Target 13%
N/A
American Funds Growth Fund of America 9%
11%
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
Wells Fargo
Auditor
Held, Kranzler, Mccosker & Pulice