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Company:
The F.P. Horak Company
Plan:
The F.P. Horak Company 401k Profit Sharing Plan
 

The F.P. Horak Company

47 Plan: The F.P. Horak Company 401k Profit Sharing Plan

 
 
47
34
60
83
0
10
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100
For the average 401k participant, the 36 point difference between this plan's BrightScope Rating (47) and the top rated plan (83) could equate to:
[How is this calculated?]
16 additional years of work
Up to $241,700 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

The F.P. Horak Company 401k Profit Sharing Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 47. This plan is in the top 35% of plans for Investment Menu Quality. The F.P. Horak Company 401k Profit Sharing Plan currently has over 200 active participants and over $4.9M in plan assets.

 

 Retirement Plan Details

Address 401 Saginaw Street
Bay City, MI 48708-5640 
Industry Manufacturing
Administrator Kirk Leclere
Net Plan Assets $4,920,000
Total Participants 200
Avg Account Balance $24,000

 Top 3 Funds in this 401k

1. Vanguard 500 Index 18%
2. Columbia Marsico International Opportunities 15%
3. Westport Select Cap 13%

  Plan Service Providers

Auditor Andrews Hooper & Pavlik P.L.C.
Insurance Advisor/Broker John Cummings
Insurance Advisor/Broker Investech Financial Services, LLC
Insurance Carrier Reassure America Life Insurance Co.
Insurance Carrier ING
Insurance Advisor/Broker Investech Inc.

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