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Company:
Heinen's, Inc.
Plan:
Heinen's, Inc. Associates Profit Sharing and 401k Plan
 

Heinen's, Inc.

71 Plan: Heinen's, Inc. Associates Profit Sharing and 401k Plan

 
 
71
36
55
79
0
10
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30
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70
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100
For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (71) and the top rated plan (79) could equate to:
[How is this calculated?]
4 additional years of work
Up to $62,200 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

Heinen's, Inc. Associates Profit Sharing and 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Account Balances, Company Generosity, Participation Rate, and Salary Deferral. Heinen's, Inc. Associates Profit Sharing and 401k Plan currently has over 200 active participants and over $17.4M in plan assets.

 

 Retirement Plan Details

Address 4540 Richmond Rd
Warrensville Heights, OH 44128-5757 
Industry Supermarkets and Other Grocery (except Convenience) Stores
Administrator Daniel Musil
Net Plan Assets $17,400,000
Total Participants 220
Avg Account Balance $78,000

 Top 3 Funds in this 401k

1. American Funds Growth Fund of America 16%
2. Principal Fixed Income 401(a)/(k) 13%
3. American Funds EuroPacific Growth 10%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker NFP Securities, Inc.
Administration Principal Financial Group
Auditor Hill Stonestreet & Co.

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