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Company:
Tower Industries, Inc.
Plan:
Tower Industries, Inc. 401k Profit Sharing Plan
 

Tower Industries, Inc.

70 Plan: Tower Industries, Inc. 401k Profit Sharing Plan

 
 
70
24
59
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (70) and the top rated plan (79) could equate to:
[How is this calculated?]
5 additional years of work
Up to $2,000 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

Tower Industries, 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 70, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Company Generosity, Investment Menu Quality, and Participation Rate. Tower Industries, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $4.2M in plan assets.

 

 Retirement Plan Details

Address 2951 E La Palma Ave
Anaheim, CA 92806-2620 
Industry Manufacturing
Administrator Tom Stull
Net Plan Assets $4,150,000
Total Participants 180
Avg Account Balance $26,000

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Balanced 32%
2. Oppenheimer Developing Markets 13%
3. John Hancock Funds II Lifestyle Aggressive 11%

  Plan Service Providers

Auditor David L. Buck, CPA
Insurance Carrier John Hancock
Insurance Advisor/Broker Morgan Stanley Smith Barney

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