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Company:
Magnolia Plumbing
Plan:
Magnolia Plumbing Employee 401k & Profit Sharing
 

Magnolia Plumbing

61 Plan: Magnolia Plumbing Employee 401k & Profit Sharing

 
 
61
38
69
85
0
10
20
30
40
50
60
70
80
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100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (61) and the top rated plan (85) could equate to:
[How is this calculated?]
13 additional years of work
Up to $116,600 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

Magnolia Plumbing Employee 401k & Profit Sharing 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 Account Balances and Participation Rate. Magnolia Plumbing Employee 401k & Profit Sharing currently has over 300 active participants and over $15.2M in plan assets.

 

 Retirement Plan Details

Address 600 Gallatin Ne Street
Washington, DC 20017 
Industry Construction
Administrator Jennifer Tyson
Net Plan Assets $15,200,000
Total Participants 300
Avg Account Balance $50,000

 Compare Other Companies in Peer Group

C.W. Driver Contractors 78.9
Ryan Associates 74.0
Westchester Modular Homes 66.0
Fischer Management 64.4
Meritage Homes 62.9
Lewis Builders 54.4

 Top 3 Funds in this 401k

1. MassMutual Guaranteed Interest Account 35%
2. Fidelity Contrafund 14%
3. T. Rowe Price Retirement 2040 7%

  Plan Service Providers

Insurance Carrier MassMutual
Insurance Advisor/Broker Alan L. Meltzer
Insurance Advisor/Broker NFP Securities, Inc.
Auditor Dixon Hughes, LLC

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