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Company:
Shoosmith Bros., Inc.
Plan:
Shoosmith Bros., Inc. 401k Plan
 

Shoosmith Bros., Inc.

48 Plan: Shoosmith Bros., Inc. 401k Plan

 
 
48
8
57
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 40 point difference between this plan's BrightScope Rating (48) and the top rated plan (88) could equate to:
[How is this calculated?]
19 additional years of work
Up to $218,100 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

Shoosmith Bros., Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 48. This plan is in the top 35% of plans for Investment Menu Quality. Shoosmith Bros., Inc. 401k Plan currently has over 300 active participants and over $2.5M in plan assets.

 

 Retirement Plan Details

Address 11800 Lewis Rd
Chester, VA 23831-3735 
Industry Other Heavy and Civil Engineering Construction
Administrator Elizabeth S. Barefoot
Net Plan Assets $2,550,000
Total Participants 360
Avg Account Balance $7,100

 Top 3 Funds in this 401k

1. Fidelity Contrafund 21%
2. American Funds EuroPacific Growth 15%
3. American United Life OneAmerica Money Market 11%

  Plan Service Providers

Auditor Mitchell, Wiggins & Company
Insurance Carrier American United Life
Insurance Advisor/Broker Kevin T. Wood

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