14 additional years of work Up to $160,000 in lost retirement savings.Varney, Inc. 401k & Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 15% of plans for Investment Menu Quality. Varney, Inc. 401k & Profit Sharing Plan currently has over 100 active participants and over $2.5M in plan assets.
| Address |
1701 Shenandoah Ave. Nw
Roanoke, VA 24017-5550 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Net Plan Assets | $2,460,000 |
| Total Participants | 180 |
| Avg Account Balance | $14,000 |
| IBEW Local Union 288 and Neca Iowa... | 68.8 |
| Model Electronics | 56.5 |
| Amber, L.P. | 55.5 |
| A & B Electric Company | 54.5 |
| Alexander Electric Company | 53.6 |
| Partners Electrical Services | 47.0 |
| 1. | Principal Diversified International | 17% |
| 2. | Principal LifeTime 2010 | 14% |
| 3. | Principal Bond & Mortgage Securities | 13% |
| Insurance Carrier | Principal Financial Group |
| Auditor | Brown, Edwards & Company, L.L.P. |
| Corporate Trustee | Principal Financial Group |
| Insurance Advisor/Broker | First Citizens Bank and Trust |
| Recordkeeper | Principal Financial Group |
BrightScope Rating
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