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Company:
SMP, Inc.
Plan:
SMP, Inc. Profit Sharing And 401k Plan
 

SMP, Inc.

58 Plan: SMP, Inc. Profit Sharing And 401k Plan

 
 
58
25
52
74
0
10
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30
40
50
60
70
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100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (58) and the top rated plan (74) could equate to:
[How is this calculated?]
7 additional years of work
Up to $140,200 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

SMP, Inc. Profit Sharing And 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 15% of plans for Investment Menu Quality and Participation Rate. SMP, Inc. Profit Sharing And 401k Plan currently has over 100 active participants and over $1.8M in plan assets.

 

 Retirement Plan Details

Address 402 Route 519
Phillipsburg, NJ 08865 
Industry Transportation and Warehousing
Administrator Curtiss A. Powell
Net Plan Assets $1,750,000
Total Participants 160
Avg Account Balance $11,000

 Top 3 Funds in this 401k

1. Hartford Life Fixed Income Account 26%
2. Hartford Capital Appreciation HLS 17%
3. Legg Mason Capital Management Value 12%

  Plan Service Providers

Insurance Carrier Hartford
Auditor Abraham Borda & Company
Insurance Advisor/Broker Investment Advisors & Consultants

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