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Company:
Automated Conveyor Systems, Inc.
Plan:
Automated Conveyor Systems, Inc. Profit Sharing Plan
 

Automated Conveyor Systems, Inc.

70 Plan:

 
 
70
5
49
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (70) and the top rated plan (82) could equate to:
[How is this calculated?]
6 additional years of work
Up to $94,000 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

Automated Conveyor Systems, Inc. Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Investment Menu Quality and Participation Rate. Automated Conveyor Systems, Inc. Profit Sharing Plan currently has over 100 active participants and over $7.6M in plan assets.

 

 Retirement Plan Details

Address 6 Millrace Dr
Lynchburg, VA 24502-4342 
Industry Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
Administrator B. Toms
Net Plan Assets $7,580,000
Total Participants 150
Avg Account Balance $52,000

 Top 3 Funds in this 401k

1. Principal LifeTime 2030 15%
2. Principal LifeTime 2020 15%
3. Principal LifeTime 2010 9%

  Plan Service Provider

Auditor Lovelace, Norvelle & Mathews, Pc

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