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Company:
M & N Foods, LLC
Plan:
M & N Foods 401k Plan
 

M & N Foods, LLC

41 Plan: M & N Foods 401k Plan

 
 
41
9
46
76
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (41) and the top rated plan (76) could equate to:
[How is this calculated?]
14 additional years of work
Up to $256,200 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

M & N Foods 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 41. This plan is in the top 35% of plans for Company Generosity and Salary Deferral. M & N Foods 401k Plan currently has over 200 active participants and over $844.5K in plan assets.

 

 Retirement Plan Details

Address 689 S Rancho Santa Fe Rd
San Marcos, CA 92078-3973 
Industry Accommodation and Food Services
Administrator William D. Sommer
Sponsor Michael D. Borcharo
Net Plan Assets $840,000
Total Participants 260
Avg Account Balance $3,200

 Compare Other Companies in Peer Group

Schmitt Management 50.5
Coughlin 48.6
John Newcomb Enterprises 46.2
Palmetto Restaurant Group 42.3
Republic Foods 41.4
Otac No. 4 31.1

 Top 3 Funds in this 401k

1. Minnesota Life LifeStrategy I 14%
2. Minnesota Life International Growth 12%
3. Participant Loans 11%

  Plan Service Providers

Auditor William H. Ling, CPA
Insurance Carrier Minnesota Life
Insurance Advisor/Broker Michael S. Greene

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