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Company:
Harris Tea Company
Plan:
Harris Tea Company 401k Profit Sharing Plan
 

Harris Tea Company

65 Plan: Harris Tea Company 401k Profit Sharing Plan

 
 
65
25
58
82
0
10
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30
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60
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100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (65) and the top rated plan (82) could equate to:
[How is this calculated?]
8 additional years of work
Up to $116,000 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

Harris Tea Company 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 15% of plans for Investment Menu Quality. Harris Tea Company 401k Profit Sharing Plan currently has over 100 active participants and over $3.3M in plan assets.

 

 Retirement Plan Details

Address 344 New Albany Rd
Moorestown, NJ 08057-1167 
Industry Manufacturing
Administrator M. Conti
Sponsor Harris Tea Co.
Net Plan Assets $3,320,000
Total Participants 150
Avg Account Balance $22,000

 Compare Other Companies in Peer Group

Virginia Dare Extract Company 72.1
JBR 67.9
Kar Nut Products Co. 66.0
Kent Quality Foods 61.6
Innovative Concept Group 56.9
Kettle Cuisine 54.3

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Growth 12%
2. John Hancock Funds II Lifestyle Balanced 10%
3. Fidelity Contrafund 7%

  Plan Service Providers

Insurance Carrier John Hancock
Auditor Jones & Malhotra
Administration Qualified Benefits, Inc.

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