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Company:
H&M Bay, Inc.
Plan:
H&M Bay, Inc. Corporate Profit Sharing Plan
 

H&M Bay, Inc.

54 Plan: H&M Bay, Inc. Corporate Profit Sharing Plan

 
 
54
33
65
91
0
10
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30
40
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70
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90
100
For the average 401k participant, the 37 point difference between this plan's BrightScope Rating (54) and the top rated plan (91) could equate to:
[How is this calculated?]
20 additional years of work
Up to $197,300 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

H&M Bay, Inc. Corporate Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 54. This plan is in the top 15% of plans for Investment Menu Quality. H&M Bay, Inc. Corporate Profit Sharing Plan currently has over 100 active participants and over $4.3M in plan assets.

 

 Retirement Plan Details

Address Po Box 280
Federalsburg, MD 21632 
Industry Freight Transportation Arrangement
Administrator Jeff Michalik
Net Plan Assets $4,250,000
Total Participants 160
Avg Account Balance $26,000

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Balanced 16%
2. John Hancock Money Market 13%
3. PIMCO Total Return 9%

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker National Planning Corporation
Recordkeeper John Hancock
Auditor Orth, Chakler, Murnane and Company CPAs

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