Chas A. Bernick, Inc.
63
Plan:
The Bernick Companies Profit Sharing 401k Plan
10
64
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (63) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $101,800 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
The Bernick Companies Profit Sharing 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 63. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. The Bernick Companies Profit Sharing 401k Plan currently has over 600 active participants and over $18.7M in plan assets.
Retirement Plan Details
| Address |
Po Box 7008
Waite Park, MN 56387 |
| Industry | Manufacturing |
| Administrator | Dave Gilbertson |
| Net Plan Assets | $18,700,000 |
| Total Participants | 620 |
| Avg Account Balance | $30,000 |
Compare Other Companies in Peer Group
| Allied Beverage Group, L.L.C. | 75.0 |
| WP Beverages, LLC | 65.6 |
| C. C. Clark | 64.5 |
| Wyoming Beverages | 63.6 |
| Pepsi-Cola Newburgh Bottling Co. | 59.2 |
| Durham Coca-Cola Bottling Company | 54.3 |
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