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Company:
Furman Foods, Inc.
Plan:
Furman Foods, Inc. 401k Profit Sharing Plan
 

Furman Foods, Inc.

62 Plan:

 
 
62
36
62
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (62) and the top rated plan (83) could equate to:
[How is this calculated?]
10 additional years of work
Up to $148,500 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

Furman Foods, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Investment Menu Quality. Furman Foods, Inc. 401k Profit Sharing Plan currently has over 200 active participants and over $9.3M in plan assets.

 

 Retirement Plan Details

Address Po Box 500
Northumberland, PA 17857 
Industry Manufacturing
Administrator Kermit Kohl
Net Plan Assets $9,320,000
Total Participants 230
Avg Account Balance $41,000

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Growth 13%
2. John Hancock Funds II Lifestyle Balanced 12%
3. John Hancock Funds II Lifestyle Moderate 7%

  Plan Service Providers

Recordkeeper John Hancock
Insurance Carrier John Hancock
Insurance Advisor/Broker Morgan Stanley Smith Barney
Auditor ParenteBeard, LLC

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