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Company:
Homstead Enterprises
Plan:
Homstead Enterprises 401k Profit Sharing Plan And Trust
 

Homstead Enterprises

52 Plan: Homstead Enterprises 401k Profit Sharing Plan And Trust

 
 
52
11
49
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (52) and the top rated plan (75) could equate to:
[How is this calculated?]
11 additional years of work
Up to $119,200 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

Homstead Enterprises 401k Profit Sharing Plan And Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 52. This plan is in the top 15% of plans for Investment Menu Quality. Homstead Enterprises 401k Profit Sharing Plan And Trust currently has over 100 active participants and over $3.2M in plan assets.

 

 Retirement Plan Details

Address Po Box 460
Newport, ME 04953-0460 
Industry Supermarkets and Other Grocery (except Convenience) Stores
Administrator Dean Homstead
Net Plan Assets $3,210,000
Total Participants 150
Avg Account Balance $22,000

 Top 3 Funds in this 401k

1. KeyBank Managed Guaranteed Investment Contract 47%
2. Principal Large Cap S&P 500 Index 8%
3. Principal Diversified International 7%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Auditor Tate-Fitch, Pa
Corporate Trustee Principal Financial Group

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