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Company:
Harms Oil Company
Plan:
Harms Oil Company 401k Plan
 

Harms Oil Company

69 Plan: Harms Oil Company 401k Plan

 
 
69
31
55
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (69) and the top rated plan (84) could equate to:
[How is this calculated?]
9 additional years of work
Up to $48,900 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

Harms Oil Company 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity. Harms Oil Company 401k Plan currently has over 100 active participants and over $8.0M in plan assets.

 

 Retirement Plan Details

Address 337 22nd Ave S
Po Box 940
Brookings, SD 57006 
Industry Other Fuel Dealers
Administrator Sherri Hofer
Net Plan Assets $8,010,000
Total Participants 160
Avg Account Balance $53,000

 Compare Other Companies in Peer Group

Global GP LLC 78.7
Norbert E. Mitchell Co. 68.0
Tower Energy Group 58.0
Taylor Oil Company 57.6
InterState Oil Co. 53.7
Yocum Oil Company 48.5

 Top 3 Funds in this 401k

1. Wells Fargo Advantage Dow Jones Target 2020 16%
2. Wells Fargo Stable Return Trust 15%
3. Wells Fargo Advantage Dow Jones Target 2030 13%

  Plan Service Providers

Insurance Carrier Pacific Life Insurance
Auditor Kinner & Co Ltd
Corporate Trustee Wells Fargo (Wachovia)
Recordkeeper Wells Fargo (Wachovia)

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