Frank Parsons Paper Company, Inc.
62
Plan:
10
66
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (62) and the top rated plan (80) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $169,200 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
Frank Parsons Paper Company, Inc. 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. Frank Parsons Paper Company, Inc. 401k Savings Plan currently has over 300 active participants and over $12.0M in plan assets.
Retirement Plan Details
| Address |
1300 Mercedes Drive
Hanover, MD 21076 |
| Industry | Wholesale Trade |
| Administrator | Mary Fleck |
| Net Plan Assets | $12,000,000 |
| Total Participants | 310 |
| Avg Account Balance | $39,000 |
Compare Other Companies in Peer Group
| Midland Paper Company | 69.9 |
| Case Paper Co. | 68.5 |
| Eastern Bag & Paper Company | 67.3 |
| Ernest Paper Products | 66.2 |
| Penn Jersey Paper Company | 63.8 |
| Victor Envelope Company | 62.5 |
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