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Company:
HOM Furniture, Inc.
Plan:
HOM Furniture, Inc. Profit Sharing 401k Plan
 

HOM Furniture, Inc.

63 Plan: HOM Furniture, Inc. Profit Sharing 401k Plan

 
 
63
36
56
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (63) and the top rated plan (79) could equate to:
[How is this calculated?]
8 additional years of work
Up to $39,700 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

HOM Furniture, Inc. 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 15% of plans for Investment Menu Quality. HOM Furniture, Inc. Profit Sharing 401k Plan currently has over 700 active participants and over $23.7M in plan assets.

 

 Retirement Plan Details

Address 10301 Woodcrest Dr Nw
Minneapolis, MN 55433-6519 
Industry Furniture Stores
Administrator Laurie Johnston
Net Plan Assets $23,700,000
Total Participants 780
Avg Account Balance $31,000

 Top 3 Funds in this 401k

1. Principal SAM Conservative Growth 14%
2. Principal Fixed Income 401(a)/(k) 9%
3. Principal SAM Balanced 7%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Morgan Stanley Smith Barney
Administration Principal Financial Group
Auditor Larson Allen LLP

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