Overview

Plan Rating

BrightScope Rating
68
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (30)
Average in Peer Group (72)
Highest in Peer Group (91)

Plan Description

GASCO Drilling, Inc. Profit Sharing Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 68. This plan is in the top 15% of plans for Account Balances and Company Generosity. GASCO Drilling, Inc. Profit Sharing Plan currently has fewer than 100 active participants and over $8.0M in plan assets.

Did you know?

For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (68) and the top rated plan (91) could equate to:
15
Additional years of work
92,927
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 12/31/2010
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 530 Ratcliff Drive P O Drawer 330
  • Location
    Cedar Bluff , VA
  • 24609
  • Industry
    Mining, Quarrying, and Oil and Gas Extraction
  • Administrator
    Freda S Rasnake
  • Net Plan Assets
    $8,010,000
  • Total Participants
    86
  • Avg Account Balance
    $99,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Low Fees
Company Generosity:
Great

Performance

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

Investment Menu Stats

# of Investment Options

22

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
American Funds (Capital Group) Target Date Retirement 43%
1%
American Funds Money Market 20%
91%
American Funds Bond Fund of America 5%
45%
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
American Funds (Capital Group)
Auditor
Brown, Edwards & Company, L.L.P.

Articles and Questions