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Company:
Hoover & Wells, Inc.
Plan:
Hoover & Wells 401k Profit Sharing Plan
 

Hoover & Wells, Inc.

66 Plan: Hoover & Wells 401k Profit Sharing Plan

 
 
66
26
62
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (66) and the top rated plan (90) could equate to:
[How is this calculated?]
14 additional years of work
Up to $122,300 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

Hoover & Wells 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 15% of plans for Account Balances, Company Generosity, and Investment Menu Quality. Hoover & Wells 401k Profit Sharing Plan currently has fewer than 100 active participants and over $3.4M in plan assets.

 

 Retirement Plan Details

Address 2011 Seaman Road
Toledo, OH 43605 
Industry Construction
Administrator Nichole H Simon
Net Plan Assets $3,440,000
Total Participants 34
Avg Account Balance $110,000

 Top 3 Funds in this 401k

1. Transamerica Partners Mid Value 11%
2. Transamerica Stable Value Fund 11%
3. Vanguard Target Retirement 2040 9%

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