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Company:
Forman Mills
Plan:
Forman Mills, Inc. 401k Retirement Plan
 

Forman Mills

41 Plan: Forman Mills, Inc. 401k Retirement Plan

 
 
41
17
53
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 34 point difference between this plan's BrightScope Rating (41) and the top rated plan (75) could equate to:
[How is this calculated?]
14 additional years of work
Up to $221,300 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

Forman Mills, Inc. 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 41. Forman Mills, Inc. 401k Retirement Plan currently has over 1,600 active participants and over $2.3M in plan assets.

 

 Retirement Plan Details

Address 1070 Thomas Busch Memorial Hwy
Pennsauken, NJ 08110-2313 
Industry Family Clothing Stores
Administrator Gloria Segal
Net Plan Assets $2,330,000
Total Participants 1,600
Avg Account Balance $1,500

 Compare Other Companies in Peer Group

Big M 55.3
Bon Worth 47.8
AIJJ Enterprises 45.2
The TJX Companies 44.8
United Retail Group 41.9
Simply Fashion Stores, Ltd. 30.7

 Top 3 Funds in this 401k

1. Fidelity Retirement Money Market 19%
2. Fidelity Puritan 13%
3. Fidelity Mid-Cap Stock 8%

  Plan Service Providers

Auditor Mazen & Company, LLP
Corporate Trustee Fidelity

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