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Company:
Flippo Construction Company, Inc.
Plan:
Flippo Construction Company, Inc. Employee Stock Ownership Plan
 

Flippo Construction Company, Inc.

70 Plan:

 
 
70
33
62
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (70) and the top rated plan (84) could equate to:
[How is this calculated?]
7 additional years of work
Up to $35,000 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

Flippo Construction Company, Inc. Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and leveraged ESOP component. This plan has a BrightScope Rating of 70. This plan is in the top 15% of plans for Company Generosity, Participation Rate, and Total Plan Cost. Flippo Construction Company, Inc. Employee Stock Ownership Plan currently has over 300 active participants and over $11.1M in plan assets.

 

 Retirement Plan Details

Address 3820 Penn Belt Place
Forestville, MD 20747-4732 
Industry Highway, Street, and Bridge Construction
Administrator Gregory Mehallick, Plan Admin.
Net Plan Assets $11,100,000
Total Participants 370
Avg Account Balance $25,000

 Top 3 Funds in this 401k

1. Flippo Construction Company, Inc. Common Stock 98%
2. Total US Treasury Bills and Notes 1%
3. Cash and Cash Equivalents 0%

  Plan Service Provider

Auditor Baker Tilly

 Comments