Herrman Building Materials, Inc.
60
Plan:
Herrman Lumbaer Compny Employee Retirement Plan
24
54
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (60) and the top rated plan (80) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $115,200 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
Herrman Lumbaer Compny Employee Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 15% of plans for Investment Menu Quality. Herrman Lumbaer Compny Employee Retirement Plan currently has over 100 active participants and over $1.9M in plan assets.
Retirement Plan Details
| Address |
1917 S State Hwy Mm
Springfield, MO 65802-7789 |
| Industry | Other Building Material Dealers |
| Net Plan Assets | $1,890,000 |
| Total Participants | 170 |
| Avg Account Balance | $11,000 |
Compare Other Companies in Peer Group
| Consolidated Lumber Company | 66.1 |
| Spahn & Rose Lumber Co. | 57.7 |
| Webb Concrete & Building Materials | 55.3 |
| Libla Industries | 52.5 |
| Puerto Rico Supplies Group | 51.7 |
| Manning Building Supplies | 40.9 |
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