Hennen Furniture, Inc.
56
Plan:
Hennen Furniture, Inc. 401k Profit Sharing Plan
22
56
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (56) and the top rated plan (75) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $100,800 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
Hennen Furniture, 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 56. Hennen Furniture, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $2.6M in plan assets.
Retirement Plan Details
| Address |
1995 State Highway 15
Saint Cloud, MN 56303-9566 |
| Industry | Furniture Stores |
| Administrator | Cheryl M Linneman |
| Sponsor | Timothy J Hennen |
| Net Plan Assets | $2,610,000 |
| Total Participants | 110 |
| Avg Account Balance | $24,000 |
Compare Other Companies in Peer Group
| Lillian August Design | 62.6 |
| Custer Office Environments | 59.5 |
| Bob Mills Furniture Company | 57.8 |
| Becker Furniture World | 51.8 |
| Gorman's Furniture | 51.6 |
| McGregor Company | 44.5 |
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