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Company:
Huen Electric, Inc.
Plan:
Huen Electric, Inc. 401k Plan & Trust
 

Huen Electric, Inc.

59 Plan:

 
 
59
11
58
83
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 (59) and the top rated plan (83) could equate to:
[How is this calculated?]
11 additional years of work
Up to $213,200 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

Huen Electric, Inc. 401k Plan & Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 35% of plans for Salary Deferral. Huen Electric, Inc. 401k Plan & Trust currently has over 200 active participants and over $5.0M in plan assets.

 

 Retirement Plan Details

Address 1801 Parkes Dr
Broadview, IL 60155-3955 
Industry Electrical Contractors and Other Wiring Installation Contractors
Administrator Michael F. Hughes
Net Plan Assets $4,980,000
Total Participants 240
Avg Account Balance $21,000

 Top 3 Funds in this 401k

1. Self-Directed Brokerage Accounts 44%
2. American Funds Growth Fund of America 16%
3. Total Interest Bearing Cash 7%

  Plan Service Provider

Auditor Warady & Davis, LLP

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