Cummings Electrical, Inc.
57
Plan:
Cummings Electrical 401k Plan
11
57
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (57) and the top rated plan (82) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $133,600 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
Cummings Electrical 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. This plan is in the top 35% of plans for Total Plan Cost. Cummings Electrical 401k Plan currently has over 300 active participants and over $3.1M in plan assets.
Retirement Plan Details
| Address |
14900 Grand River Rd Ste 124
Fort Worth, TX 76155-2749 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | Mike Robertson |
| Net Plan Assets | $3,120,000 |
| Total Participants | 320 |
| Avg Account Balance | $9,900 |
Compare Other Companies in Peer Group
| Palmer Electric Company | 68.5 |
| Encore Electric | 62.5 |
| Oil Capital Electric, LLC | 60.4 |
| Buist Electric Company | 59.2 |
| Fox Electric, Ltd. | 47.8 |
| Haskins Electric, LLC | 27.6 |
Comments