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Company:
Hoffman Management
Plan:
Hoffman Management 401k Plan
 

Hoffman Management

40 Plan: Hoffman Management 401k Plan

 
 
40
25
58
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 43 point difference between this plan's BrightScope Rating (40) and the top rated plan (83) could equate to:
[How is this calculated?]
18 additional years of work
Up to $282,800 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

Hoffman Management 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 40. This plan is in the top 35% of plans for Investment Menu Quality. Hoffman Management 401k Plan currently has over 100 active participants and over $439.2K in plan assets.

 

 Retirement Plan Details

Address 2461 Eisenhower Ave
Alexandria, VA 22331-3013 
Industry Lessors of Nonresidential Buildings (except Miniwarehouses)
Administrator Kendall B. Lewis
Net Plan Assets $440,000
Total Participants 180
Avg Account Balance $2,400

 Top 3 Funds in this 401k

1. Maxim Moderate Profile II 16%
2. American Funds EuroPacific Growth 12%
3. Lord Abbett Mid-Cap Value 10%

  Plan Service Providers

Auditor Malcom Cook CPA
Insurance Carrier Great-West Life
Insurance Advisor/Broker Aon Hewitt EnnisKnupp

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