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Company:
Colonial Mills, Inc.
Plan:
Colonial Mills, Inc. 401k Profit Sharing Plan
 

Colonial Mills, Inc.

43 Plan: Colonial Mills, Inc. 401k Profit Sharing Plan

 
 
43
11
57
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 42 point difference between this plan's BrightScope Rating (43) and the top rated plan (85) could equate to:
[How is this calculated?]
19 additional years of work
Up to $283,700 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

Colonial Mills, 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 43. Colonial Mills, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $967.5K in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 560 Mineral Spring Ave
Pawtucket, RI 02860-3443 
Industry Manufacturing
Administrator Donald M. Scarlata
Net Plan Assets $970,000
Total Participants 120
Avg Account Balance $8,400

 Compare Other Companies in Peer Group

Avgol America 58.0
Swisstex California 48.5
Fiber Bond 45.9
CloverTex, LLC 45.1
Warp Processing Company 44.8
Golden Star 37.2

 Top 3 Funds in this 401k

1. MFS Moderate Allocation 43%
2. MFS Conservative Allocation 8%
3. Janus Overseas 5%

  Plan Service Providers

Auditor Sullivan and Company CPAs LLP
Insurance Carrier John Hancock
Insurance Advisor/Broker Longfellow Financial, LLC
Insurance Advisor/Broker NRP Financial

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