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Company:
Security Corporation
Plan:
Security Corporation 401k Plan
 

Security Corporation

55 Plan: Security Corporation 401k Plan

 
 
55
23
56
77
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (55) and the top rated plan (77) could equate to:
[How is this calculated?]
10 additional years of work
Up to $94,400 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

Security Corporation 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Investment Menu Quality and Salary Deferral. Security Corporation 401k Plan currently has over 100 active participants and over $3.4M in plan assets.

 

 Retirement Plan Details

Address 22325 Roethel Dr
Novi, MI 48375-4710 
Industry Construction
Administrator Robert E. Holloway II
Net Plan Assets $3,430,000
Total Participants 110
Avg Account Balance $32,000

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Balanced 9%
2. Mutual Beacon 9%
3. Columbia Value & Restructuring 9%

  Plan Service Providers

Auditor Plante & Moran, PLLC
Insurance Carrier John Hancock
Insurance Advisor/Broker Cambridge Investment Research
Insurance Advisor/Broker First Allied Securities, Inc.

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