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Company:
Standale Lumber & Supply Company
Plan:
Standale Lumber & Supply, Inc. 401k Profit Sharing Plan
 

Standale Lumber & Supply Company

57 Plan:

 
 
57
32
58
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (57) and the top rated plan (78) could equate to:
[How is this calculated?]
9 additional years of work
Up to $169,200 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

Standale Lumber & Supply, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. This plan is in the top 35% of plans for Account Balances and Participation Rate. Standale Lumber & Supply, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $6.1M in plan assets.

 

 Retirement Plan Details

Address 4046 Lake Michigan Dr Nw
Grand Rapids, MI 49534-4525 
Industry Other Building Material Dealers
Administrator Susan Macdonald
Net Plan Assets $6,060,000
Total Participants 120
Avg Account Balance $51,000

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Balanced 15%
2. John Hancock Lifecycle 2020 14%
3. John Hancock Funds II Lifestyle Growth 11%

  Plan Service Providers

Corporate Trustee Huntington National Bank
Auditor Monroe Sweeris and Tromp Plc
Insurance Carrier John Hancock
Insurance Advisor/Broker Comerica

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