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Company:
Raleigh Mine & Industrial Supply, Inc.
Plan:
Raleigh Mine & Industrial Supply, Inc. 401k Plan
 

Raleigh Mine & Industrial Supply, Inc.

53 Plan: Raleigh Mine & Industrial Supply, Inc. 401k Plan

 
 
53
29
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 34 point difference between this plan's BrightScope Rating (53) and the top rated plan (87) could equate to:
[How is this calculated?]
17 additional years of work
Up to $199,700 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

Raleigh Mine & Industrial Supply, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. This plan is in the top 35% of plans for Investment Menu Quality. Raleigh Mine & Industrial Supply, Inc. 401k Plan currently has over 200 active participants and over $2.3M in plan assets.

 

 Retirement Plan Details

Address 1500 Mill Creek Rd
Mount Hope, WV 25880-1600 
Industry Mining, Quarrying, and Oil and Gas Extraction
Administrator Judith Smith
Net Plan Assets $2,310,000
Total Participants 220
Avg Account Balance $12,000

 Top 3 Funds in this 401k

1. MetLife Fidelity Large Cap 9%
2. Legg Mason Batterymarch S&P 500 Index 9%
3. Fidelity Advisor Mid Cap II 8%

  Plan Service Providers

Auditor Edward T. Ryan, CPA
Insurance Carrier MetLife
Insurance Advisor/Broker Jeffrey H Black

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