Hanover Lantern Company
54
Plan:
Hanover Lantern Salary Deferred Retirement Plan
30
67
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (54) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $193,700 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 Lantern Salary Deferred Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 54. Hanover Lantern Salary Deferred Retirement Plan currently has over 100 active participants and over $2.2M in plan assets.
Retirement Plan Details
| Address |
350 Kindig Ln
Hanover, PA 17331-1733 |
| Industry | Manufacturing |
| Administrator | Raymond Zaccagnini |
| Net Plan Assets | $2,180,000 |
| Total Participants | 140 |
| Avg Account Balance | $16,000 |
Compare Other Companies in Peer Group
| SPI Lighting | 62.3 |
| Ecolite Manufacturing Company | 60.8 |
| Uvp, LLC | 60.3 |
| Sunlight Supply | 57.8 |
| J.K. Products & Services | 56.3 |
| Litelab | 49.4 |
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