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Company:
Frank W. Kerr Company
Plan:
Frank W. Kerr Company 401k Profit Sharing Plan
 

Frank W. Kerr Company

58 Plan: Frank W. Kerr Company 401k Profit Sharing Plan

 
 
58
36
61
83
0
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100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (58) and the top rated plan (83) could equate to:
[How is this calculated?]
13 additional years of work
Up to $113,000 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

Frank W. Kerr Company 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 35% of plans for Investment Menu Quality. Frank W. Kerr Company 401k Profit Sharing Plan currently has over 100 active participants and over $3.8M in plan assets.

 

 Retirement Plan Details

Address 43155 W 9 Mile Rd
Novi, MI 48375-4190 
Industry Drugs and Druggists' Sundries Merchant Wholesalers
Administrator Lawrence T. Malek
Net Plan Assets $3,810,000
Total Participants 190
Avg Account Balance $21,000

 Top 3 Funds in this 401k

1. SSgA S&P 500 Index 18%
2. Fidelity Advisor Equity Growth 8%
3. American United Life Fixed Fund 7%

  Plan Service Providers

Insurance Carrier American United Life
Auditor Baker Tilly
Corporate Trustee American United Life
Insurance Advisor/Broker Robert V. Schechter & Associates

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