Sherwood Food Distributors
57
Plan:
Sherwood Food 401k and Profit Sharing Plan
14
54
79
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 (57) and the top rated plan (79) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $125,500 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
Sherwood Food 401k and 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 Total Plan Cost. Sherwood Food 401k and Profit Sharing Plan currently has over 700 active participants and over $19.3M in plan assets.
Retirement Plan Details
| Address |
12499 Evergreen Rd
Detroit, MI 48228 |
| Industry | Meat Markets |
| Administrator | Gary Karp |
| Net Plan Assets | $19,300,000 |
| Total Participants | 790 |
| Avg Account Balance | $25,000 |
Compare Other Companies in Peer Group
| Ocean Garden Products | 70.9 |
| Gold Medal Bakery | 55.4 |
| Haddon House Food Products | 55.2 |
| Tedeschi | 49.3 |
| Garb-Ko | 46.6 |
| Krispy Kreme Doughnuts | 41.6 |
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