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Company:
Broadway Metal Works, Inc.
Plan:
Broadway Metal Works 401k Profit Sharing Plan
 

Broadway Metal Works, Inc.

49 Plan: Broadway Metal Works 401k Profit Sharing Plan

 
 
49
10
63
87
0
10
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For the average 401k participant, the 38 point difference between this plan's BrightScope Rating (49) and the top rated plan (87) could equate to:
[How is this calculated?]
18 additional years of work
Up to $233,200 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

Broadway Metal Works 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 49. This plan is in the top 15% of plans for Participation Rate. Broadway Metal Works 401k Profit Sharing Plan currently has fewer than 100 active participants and over $948.2K in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
30
Plan Average: 24
Top 3 Funds in this 401k
1. Hartford Inflation Plus 10%
2. BlackRock LifePath 2020 10%
3. American Funds Growth Fund of America 9%

 Retirement Plan Details

Address Po Box 125
Broadway, VA 22815 
Industry Manufacturing
Administrator Robert Rhodes III
Net Plan Assets $950,000
Total Participants 43
Avg Account Balance $22,000

  Plan Service Providers

Insurance Carrier Hartford
Insurance Advisor/Broker Woodbury Financial Services, Inc.

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