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Company:
Hotwatt, Inc.
Plan:
The Hotwatt, Inc. Profit Sharing & 401K Retirement Plan
 

Hotwatt, Inc.

37 Plan: The Hotwatt, Inc. Profit Sharing & 401K Retirement Plan

 
 
37
4
58
83
0
10
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100
For the average 401k participant, the 46 point difference between this plan's BrightScope Rating (37) and the top rated plan (83) could equate to:
[How is this calculated?]
19 additional years of work
Up to $338,800 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

The Hotwatt, Inc. Profit Sharing & 401K Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 37. The Hotwatt, Inc. Profit Sharing & 401K Retirement Plan currently has over 100 active participants and over $1.8M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 128 Maple St
Danvers, MA 01923-2061 
Industry Manufacturing
Administrator William E. Lee
Net Plan Assets $1,850,000
Total Participants 170
Avg Account Balance $11,000

 Compare Other Companies in Peer Group

Ross Industries 56.7
The Thomas Monahan Company 56.4
Palmer Manufacturing and Tank 49.0
Dixie Metal Products 49.0
Atas International 46.9
Magnetic & Penetrant Services 44.4

 Top 3 Funds in this 401k

1. T. Rowe Price Retirement 2010 35%
2. Federated Prime Cash Obligations Money Market 12%
3. Federated Total Return Bond 10%

  Plan Service Provider

Auditor Parent Mclaughlin & Nangle

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