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Company:
Hancock Concrete Products Company, Inc.
Plan:
Hancock Concrete Products, Inc. 401k Profit Sharing Plan
 

Hancock Concrete Products Company, Inc.

60 Plan: Hancock Concrete Products, Inc. 401k Profit Sharing Plan

 
 
60
3
59
82
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 (60) and the top rated plan (82) could equate to:
[How is this calculated?]
10 additional years of work
Up to $203,700 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

Hancock Concrete Products, 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 60. Hancock Concrete Products, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $4.6M in plan assets.

 

 Retirement Plan Details

Address 17 Atlantic Ave
Hancock, MN 56244-9715 
Industry Manufacturing
Sponsor Gary Hommerding
Net Plan Assets $4,620,000
Total Participants 180
Avg Account Balance $26,000

 Top 3 Funds in this 401k

1. American Funds Growth Fund of America 34%
2. Invesco Stable Value Fund 13%
3. American Funds Bond Fund of America 10%

  Plan Service Provider

Auditor Michael Anderson and Associates

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