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Company:
Food Management Investors, Inc.
Plan:
Food Management Investors, Inc. 401k Plan
 

Food Management Investors, Inc.

42 Plan: Food Management Investors, Inc. 401k Plan

 
 
42
3
46
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 40 point difference between this plan's BrightScope Rating (42) and the top rated plan (82) could equate to:
[How is this calculated?]
17 additional years of work
Up to $276,000 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

Food Management Investors, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 42. This plan is in the top 35% of plans for Investment Menu Quality. Food Management Investors, Inc. 401k Plan currently has over 700 active participants and over $3.7M in plan assets.

 

 Retirement Plan Details

Address 609 30th Avenue Northwest
Minot, ND 58703 
Industry Full-Service Restaurants
Administrator Robert Lamont
Net Plan Assets $3,670,000
Total Participants 780
Avg Account Balance $4,700

 Top 3 Funds in this 401k

1. Hartford Capital Appreciation HLS 14%
2. Goldman Sachs Small Cap Value 13%
3. American Funds EuroPacific Growth 10%

  Plan Service Providers

Insurance Carrier Hartford
Insurance Advisor/Broker Edward Jones
Administration July Business Services, Inc.
Auditor Brady Martz & Associates, P.C.

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