Hoovestol, Inc.
50
Plan:
Hoovestol 401k Plan
33
65
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 41 point difference between this plan's BrightScope Rating (50) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
22 additional years of work Up to $182,700 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
Hoovestol 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. Hoovestol 401k Plan currently has over 400 active participants and over $4.4M in plan assets.
Retirement Plan Details
| Address |
3321 Mike Collins Drive
Eagan, MN 55121 |
| Industry | Transportation and Warehousing |
| Administrator | Wayne Hoovestol |
| Net Plan Assets | $4,370,000 |
| Total Participants | 490 |
| Avg Account Balance | $8,900 |
Compare Other Companies in Peer Group
| Purolator USA | 68.9 |
| Lakeville Motor Express | 59.8 |
| MME | 59.1 |
| Braun's Express | 46.2 |
| Crystal Motor Express | 45.6 |
| Franklin Logistics | 38.9 |
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