N.B. Handy Company, Inc.
59
Plan:
The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc.
45
66
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (59) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $149,300 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
The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc. is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 35% of plans for Total Plan Cost. The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc. currently has over 400 active participants and over $18.8M in plan assets.
Retirement Plan Details
| Address |
65 10th Street
Lynchburg, VA 24504-0000 |
| Industry | Wholesale Trade |
| Administrator | D. Bruce Christian |
| Net Plan Assets | $18,800,000 |
| Total Participants | 480 |
| Avg Account Balance | $39,000 |
Compare Other Companies in Peer Group
| Climatec | 75.5 |
| LaForce | 67.5 |
| Thos. Somerville Co. | 67.2 |
| Granite Group Wholesalers, LLC | 60.2 |
| Gustave A. Larson Company | 59.7 |
| Hafele America Co. | 58.5 |
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