Hanover Foods Corporation
57
Plan:
26
63
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (57) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $171,700 in lost retirement 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.
Retirement Plan Description
Hanover Foods Corporation 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. This plan is in the top 35% of plans for Investment Menu Quality and Total Plan Cost. Hanover Foods Corporation 401k Savings Plan currently has over 1,100 active participants and over $28.5M in plan assets.
Retirement Plan Details
| Address |
1550 York Street
Hanover, PA 17331 |
| Industry | Manufacturing |
| Administrator | Gary Knisely |
| Net Plan Assets | $28,500,000 |
| Total Participants | 1,200 |
| Avg Account Balance | $25,000 |
Compare Other Companies in Peer Group
| Del Monte Fresh Produce Company | 63.3 |
| Ocean Spray Cranberries | 63.2 |
| Red Gold | 62.9 |
| Bush Brothers & Company | 62.5 |
| Odwalla | 61.8 |
| Truitt Bros. | 56.4 |
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