Magnacare, Llc 401(k) Retirement Plan

Wealthminder's Take

Magnacare, Llc 401(k) Retirement Plan at Magnacare, Llc in the Finance and Insurance industry has an unknown number of investment options, and a total of $2,966,313.00 in assets. With 58 participants, the Magnacare, Llc 401(k) Retirement Plan has an average balance per participant of $51,143.33.

Plan Ratings
Compared to other Finance and Insurance plans
Wealthminder Rating
3
51
Your Plan
88

The Wealthminder rating is a quantitative scoring of 401k plans based on information submitted in regulatory filing documents. The rating was developed by Wealthminder and benchmarks a company's 401k plan against other plans in its industry peer group.

Wealthminder designed the rating to help employees to evaluate the relative quality of their employer's 401k plan, as well as for administrators to identify areas where they can make improvements.

Component Rating
Score
Total Plan Cost
60
Company Match Level
59
Employee Participation Rate
69
Employee Contribution Level
10
Average Balance Size
26
Magnacare, Llc Details
Address
1600 Stewart Avenue Suite 700
Westbury, NY 11590
Telephone
516-282-8408
Total Assets
$2,966,313.00
Filing Year
2,015
Plan Type
Single Employer
Total Participants
58
Plan Investment Options
This information is not available for this plan
Service Providers
This information is not available for this plan
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