BrightScope Rating
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
6
59
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 42 point difference between this plan's BrightScope Rating (47) and the top rated plan (89) could equate to:
[How is this calculated?]
[How is this calculated?]
21 additional years of work Up to $164,100 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.
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. The F.P. Horak Company 401k Profit Sharing Plan currently has over 200 active participants and over $4.0M in plan assets.
Plan Details
| Address | 401 Saginaw Street Bay City, MI 48708 |
| Industry | Printing & Related Support Activities |
| Net Plan Assets | $4,090,000 |
| Total Participants | 220 |
| Avg Account Balance | $18,000 |
Top 3 Investment Holdings
| 1. | Vanguard Institutional Index | 18% |
| 2. | Morgan Stanley International | 14% |
| 3. | Goldman Sachs Large Cap Value | 11% |
Other Companies in Peer Group
| Michelman | 74.0 |
| Linde Gas, LLC | 72.0 |
| Tolmar | 71.4 |
| Contec | 63.7 |
| Fernco | 58.4 |
| Jack Guttman | 55.7 |
Plan Service Providers
| Insurance Carrier | Reassure America Life Insurance Co. |
| Auditor | Andrews Hooper and Pavlik Plc |
| Insurance Advisor/Broker | John Cummings |
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