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Company:
Kaufman & Canoles, A Professional Corporation
Plan:
Kaufman & Canoles 401k Profit Sharing Plan
 

Kaufman & Canoles, A Professional Corporation

80 Plan: Kaufman & Canoles 401k Profit Sharing Plan

 
 
80
61
81
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (80) and the top rated plan (89) could equate to:
[How is this calculated?]
6 additional years of work
Up to $74,200 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

Kaufman & Canoles 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 80. This plan is in the top 15% of plans for Account Balances, Company Generosity, Investment Menu Quality, Salary Deferral, and Total Plan Cost. Kaufman & Canoles 401k Profit Sharing Plan currently has over 300 active participants and over $68.9M in plan assets.

 

 Retirement Plan Details

Address 150 W Main St
Suite 2100
Norfolk, VA 23510 
Industry Offices of Lawyers
Administrator John A. Lynn
Net Plan Assets $68,900,000
Total Participants 390
Avg Account Balance $170,000

 Top 3 Funds in this 401k

1. PIMCO Total Return 17%
2. American Funds Growth Fund of America 9%
3. Fidelity Contrafund 7%

  Plan Service Providers

Insurance Carrier Northwestern Mutual
Insurance Carrier SunAmerica
Insurance Advisor/Broker Richard F Kiefner Jr
Recordkeeper Putnam Investments
Corporate Trustee Mercer
Recordkeeper Mercer
Auditor Dixon Hughes, LLC

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