Overview

Plan Rating

BrightScope Rating
41
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (16)
Average in Peer Group (56)
Highest in Peer Group (81)

Plan Description

Alvin J. Bart & Sons, Inc. Savings and Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 41. This plan is in the top 35% of plans for Account Balances. Alvin J. Bart & Sons, Inc. Savings and Investment Plan currently has over 100 active participants and over $2.5M in plan assets.

Did you know?

For the average 401k participant, the 40 point difference between this plan's BrightScope Rating (41) and the top rated plan (81) could equate to:
17
Additional years of work
282,625
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 333 Johnson Ave
  • Location
    Brooklyn , NY
  • 11206-2804
  • Industry
    Manufacturing
  • Administrator
    Richard Bart
  • Net Plan Assets
    $2,480,000
  • Total Participants
    100
  • Avg Account Balance
    $58,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Poor

Performance

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

Design

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

Performance

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

Investment Menu Stats

# of Investment Options

19

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Principal Guaranteed Interest Account 35%
N/A
Principal Money Market 23%
N/A
Principal Large Cap Blend I 9%
N/A
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
Principal Financial Group
Insurance Advisor/Broker
James M. Franklin
Administration
Principal Financial Group
Recordkeeper
Principal Financial Group
Auditor
Josephson Luxenberg Et Al CPAS Pc

Articles and Questions

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