Overview

Plan Rating

BrightScope Rating
51
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (37)
Average in Peer Group (68)
Highest in Peer Group (87)

Plan Description

Mystic Stamp Company Inc. Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and leveraged ESOP component. This plan has a BrightScope Rating of 51. This plan is in the top 15% of plans for Account Balances and Total Plan Cost. Mystic Stamp Company Inc. Employee Stock Ownership Plan currently has over 100 active participants and over $15.3M in plan assets.

Did you know?

For the average 401k participant, the 36 point difference between this plan's BrightScope Rating (51) and the top rated plan (87) could equate to:
17
Additional years of work
186,949
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 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 9700 Mill Street
  • Location
    Camden , NY
  • 13316
  • Industry
    Electronic Shopping and Mail-Order Houses
  • Administrator
    Chacea Sundman
  • Sponsor
    Donald Sundman
  • Net Plan Assets
    $15,300,000
  • Total Participants
    130
  • Avg Account Balance
    $120,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Below Avg.

Performance

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

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Below Avg.

Performance

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

Peer Group Plans

Company Rating
eHarmony 82.9
Direct Brands 70.2
C.M. Almy & Son 66.1
Dr. Leonard's Healthcare 57.0
Tower Products 52.3
Hanover Direct 48.2

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

1

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Total Company Stock 100%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Provider

SERVICE PROVIDER
Auditor
Dermody, Burke & Brown CPA's LLC

Articles and Questions

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