New River Electrical Corporation
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Congratulations! This plan has the highest rating in its peer group.
Retirement Plan Description
New River Electrical Corporation Employee Stock Ownership Plan is a defined contribution plan with a profit-sharing component, stock bonus component, and leveraged ESOP component. This plan has a BrightScope Rating of 86, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, and Total Plan Cost. New River Electrical Corporation Employee Stock Ownership Plan currently has over 200 active participants and over $61.9M in plan assets.
Retirement Plan Details
| Address |
Po Box 70
Cloverdale, VA 24077-0070 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | Robert B. Arritt, Jr. |
| Net Plan Assets | $61,900,000 |
| Total Participants | 250 |
| Avg Account Balance | $220,000 |
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