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Company:
Southco, Inc.
Plan:
Southco, Inc. Employee Stock Ownership Plan
 

Southco, Inc.

67 Plan:

 
 
67
10
72
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (67) and the top rated plan (86) could equate to:
[How is this calculated?]
10 additional years of work
Up to $172,800 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

Southco, Inc. Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and leveraged ESOP component. This plan has a BrightScope Rating of 67. This plan is in the top 15% of plans for Total Plan Cost. Southco, Inc. Employee Stock Ownership Plan currently has over 700 active participants and over $43.4M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 0116
Concordville, PA 19331-0116 
Industry Manufacturing
Administrator William J. Vinci
Net Plan Assets $43,400,000
Total Participants 710
Avg Account Balance $61,000

 Top 2 Funds in this 401k

1. South Chester Tube Company Common Stock 99%
2. BlackRock Liquidity T-Fund 0%

  Plan Service Provider

Auditor Elko & Associates

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