Hoffer Plastics Corporation
67
Plan:
Hoffer Plastics Corporation Profit Sharing and 401k Plan
40
66
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (67) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $48,200 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
Hoffer Plastics Corporation 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 67. This plan is in the top 15% of plans for Account Balances and Investment Menu Quality. Hoffer Plastics Corporation Profit Sharing and 401k Plan currently has over 300 active participants and over $38.1M in plan assets.
Retirement Plan Details
| Address |
500 N Collins St
South Elgin, IL 60177-1104 |
| Industry | Manufacturing |
| Administrator | Lynn Martino |
| Net Plan Assets | $38,100,000 |
| Total Participants | 360 |
| Avg Account Balance | $110,000 |
Compare Other Companies in Peer Group
| Double H Plastics | 75.1 |
| Interplastic | 74.4 |
| Placon | 72.3 |
| The Haartz | 71.0 |
| Shields Bag & Printing Co. | 64.4 |
| VEKA Holdings | 63.7 |
Comments