Hoffman Transport, Inc.
61
Plan:
Hoffman Transport, Inc. 401k Profit Sharing Plan
24
53
75
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 (61) and the top rated plan (75) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $97,200 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
Hoffman Transport, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 35% of plans for Total Plan Cost. Hoffman Transport, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $1.8M in plan assets.
Retirement Plan Details
| Address |
485 Mason Dixon Rd
Greencastle, PA 17225-9639 |
| Industry | Transportation and Warehousing |
| Administrator | John R. Hoffman |
| Net Plan Assets | $1,780,000 |
| Total Participants | 100 |
| Avg Account Balance | $18,000 |
Compare Other Companies in Peer Group
| Denali Group | 60.6 |
| Calgary Services, LLC | 56.0 |
| Linn Star Transfer | 54.3 |
| Freight, Lime and Sand Hauling | 54.2 |
| NAPA Transportation | 51.2 |
| Lint Van Lines | 50.7 |
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