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Company:
Microfibres, Inc.
Plan:
The Microfibres, Inc. Retirement Savings and Trust Plan
 

Microfibres, Inc.

52 Plan: The Microfibres, Inc. Retirement Savings and Trust Plan

 
 
52
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66
84
0
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For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (52) and the top rated plan (84) could equate to:
[How is this calculated?]
15 additional years of work
Up to $153,200 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

The Microfibres, Inc. Retirement Savings and Trust Plan 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. The Microfibres, Inc. Retirement Savings and Trust Plan currently has over 300 active participants and over $10.3M in plan assets.

 

 Retirement Plan Details

Address 1 Moshassuck St
Pawtucket, RI 02860-4873 
Industry Manufacturing
Administrator Maryann Beirne
Net Plan Assets $10,300,000
Total Participants 320
Avg Account Balance $32,000

 Compare Other Companies in Peer Group

Guilford 61.2
Glen Raven 59.6
Greenwood Communities & Resorts 59.3
Coats American 58.1
Unifi 55.9
R.B. Pamplin 44.1

 Top 3 Funds in this 401k

1. Principal Guaranteed Interest Account 23%
2. Principal Money Market 11%
3. Principal Bond & Mortgage Securities 6%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Jeri K. Dlugin
Insurance Advisor/Broker Robert I. Payne
Administration Principal Financial Group
Auditor Carlin Charron & Rosen LLP

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