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Company:
Herc-U-Lift, Inc.
Plan:
Herc-U-Lift, Inc. Profit Sharing/Savings for Retirement Plan
 

Herc-U-Lift, Inc.

68 Plan: Herc-U-Lift, Inc. Profit Sharing/Savings for Retirement Plan

 
 
68
35
62
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (68) and the top rated plan (86) could equate to:
[How is this calculated?]
11 additional years of work
Up to $65,300 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

Herc-U-Lift, Inc. Profit Sharing/Savings for Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 15% of plans for Investment Menu Quality. Herc-U-Lift, Inc. Profit Sharing/Savings for Retirement Plan currently has over 100 active participants and over $9.9M in plan assets.

 

 Retirement Plan Details

Address Po Box 69
Maple Plain, MN 55359-0069 
Industry Wholesale Trade
Administrator Brad Ellingson
Net Plan Assets $9,920,000
Total Participants 160
Avg Account Balance $61,000

 Compare Other Companies in Peer Group

E.O. Johnson Company 71.2
Pattlen Enterprises 67.0
Columbus Equipment Company 65.9
Morrell 64.1
Lombart Brothers 62.0
Ritter Technology, LLC 61.5

 Top 3 Funds in this 401k

1. Principal Guaranteed Interest Account 24%
2. American Funds EuroPacific Growth 8%
3. Principal Money Market 8%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Bank of America Merrill Lynch
Insurance Advisor/Broker Peter Francis Hyjek
Administration Principal Financial Group
Auditor Boulay, Heutmaker, Zibell & Co.

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