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Company:
CLARK Material Handling Company
Plan:
CLARK Material Handling Company Employee 401k Retirement Savings Plan
 

CLARK Material Handling Company

67 Plan: CLARK Material Handling Company Employee 401k Retirement Savings Plan

 
 
67
20
68
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (67) and the top rated plan (85) could equate to:
[How is this calculated?]
11 additional years of work
Up to $53,700 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

CLARK Material Handling Company Employee 401k Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 35% of plans for Account Balances, Participation Rate, and Salary Deferral. CLARK Material Handling Company Employee 401k Retirement Savings Plan currently has over 100 active participants and over $10.5M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
21
Plan Average: 24
Top 3 Funds in this 401k
1. Total Guaranteed Investment Contracts 39%
2. American Funds Growth Fund of America 8%
3. MassMutual RetireSMART 2020 7%

 Retirement Plan Details

Address 700 Enterprise Drive
Lexington, KY 40510 
Industry Manufacturing
Administrator Cathy Moore
Sponsor Dennis Lawrence
Net Plan Assets $10,500,000
Total Participants 200
Avg Account Balance $56,000

  Plan Service Providers

Insurance Carrier MassMutual
Insurance Advisor/Broker NFP Securities, Inc.
Auditor Ray, Foley, Hensley & Company, PLLC

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