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Company:
Maly's, Inc.
Plan:
Maly's, Inc. Profit Sharing & Retirement Savings Plan & Trust
 

Maly's, Inc.

59 Plan: Maly's, Inc. Profit Sharing & Retirement Savings Plan & Trust

 
 
59
20
62
88
0
10
20
30
40
50
60
70
80
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100
For the average 401k participant, the 29 point difference between this plan's BrightScope Rating (59) and the top rated plan (88) could equate to:
[How is this calculated?]
16 additional years of work
Up to $109,500 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

Maly's, Inc. Profit Sharing & Retirement Savings Plan & Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 35% of plans for Participation Rate. Maly's, Inc. Profit Sharing & Retirement Savings Plan & Trust currently has over 700 active participants and over $12.9M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
26
Plan Average: 24
Top 3 Funds in this 401k
1. Fifth Third Equity Index 19%
2. American Funds EuroPacific Growth 15%
3. PIMCO Total Return 8%

 Retirement Plan Details

Address 4555 Danvers S.E.
Kentwood, MI 49512 
Industry Other Miscellaneous Nondurable Goods Merchant Wholesalers
Administrator Nanette Hamstra-Borlik
Sponsor Michael Maly
Net Plan Assets $12,900,000
Total Participants 710
Avg Account Balance $19,000

  Plan Service Provider

Auditor Plante & Moran, PLLC

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