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Company:
Shearer's Food, Inc.
Plan:
Shearer's Food, Inc. 401k Profit Sharing Plan
 

Shearer's Food, Inc.

55 Plan: Shearer's Food, Inc. 401k Profit Sharing Plan

 
 
55
39
61
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (55) and the top rated plan (85) could equate to:
[How is this calculated?]
14 additional years of work
Up to $223,900 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

Shearer's Food, 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 55. This plan is in the top 15% of plans for Investment Menu Quality. Shearer's Food, Inc. 401k Profit Sharing Plan currently has over 700 active participants and over $9.9M in plan assets.

 

 Retirement Plan Details

Address 692 Wabash Avenue North
Brewster, OH 44613-1056 
Industry Wholesale Trade
Administrator Fredric Kohmann
Net Plan Assets $9,920,000
Total Participants 760
Avg Account Balance $13,000

 Top 3 Funds in this 401k

1. John Hancock Money Market 15%
2. John Hancock Funds II Lifestyle Balanced 7%
3. John Hancock Trust 500 Index Trust 7%

  Plan Service Providers

Insurance Carrier John Hancock
Recordkeeper John Hancock
Recordkeeper Summit Retirement Plan Services
Auditor Thornhill Financial
Insurance Advisor/Broker NRP Financial

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