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Company:
The Hennegan Company
Plan:
The Hennegan Company Thrift & Savings Plan
 

The Hennegan Company

54 Plan: The Hennegan Company Thrift & Savings Plan

 
 
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83
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For the average 401k participant, the 29 point difference between this plan's BrightScope Rating (54) and the top rated plan (83) could equate to:
[How is this calculated?]
13 additional years of work
Up to $206,500 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

The Hennegan Company Thrift & Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 54. This plan is in the top 35% of plans for Account Balances and Investment Menu Quality. The Hennegan Company Thrift & Savings Plan currently has over 300 active participants and over $7.7M in plan assets.

 

 Retirement Plan Details

Address 7455 Empire Drive
Florence, KY 41042 
Industry Manufacturing
Administrator Gregory Trachsel
Net Plan Assets $7,690,000
Total Participants 320
Avg Account Balance $24,000

 Top 3 Funds in this 401k

1. American Funds American Balanced 18%
2. American Funds New Perspective 13%
3. PNC Investment Contract 12%

  Plan Service Provider

Auditor Barnes, Dennig & Co., Ltd.

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