Magnetic Construction Group Corp 401(k) Profit Sharing Plan

Wealthminder's Take

Magnetic Construction Group Corp 401(k) Profit Sharing Plan at Magnetic Construction Group Corp in the Construction industry has an unknown number of investment options, and a total of $1,606,263.00 in assets. With 20 participants, the Magnetic Construction Group Corp 401(k) Profit Sharing Plan has an average balance per participant of $80,313.15.

Plan Ratings
Compared to other Construction plans
Wealthminder Rating
4
61
Your Plan
89

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
36
Employee Participation Rate
66
Employee Contribution Level
79
Average Balance Size
72
Magnetic Construction Group Corp Details
Address
41 Box Stsuite 300
Brooklyn, NY 11222
Telephone
718-433-0909
Total Assets
$1,606,263.00
Filing Year
2,015
Plan Type
Single Employer
Total Participants
20
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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