H.W. Culp Lumber Company
66
Plan:
H.W. Culp Lumber Company Profit Sharing Plan
15
63
83
0
10
20
30
40
50
60
70
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100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (66) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $127,700 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
H.W. Culp Lumber Company Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 15% of plans for Account Balances. H.W. Culp Lumber Company Profit Sharing Plan currently has over 100 active participants and over $11.7M in plan assets.
Retirement Plan Details
| Address |
491 Old Us 52 North
New London, NC 28127 |
| Industry | Manufacturing |
| Administrator | Danny Harris |
| Net Plan Assets | $11,700,000 |
| Total Participants | 130 |
| Avg Account Balance | $91,000 |
Compare Other Companies in Peer Group
| Northern Industrial | 66.1 |
| Bennett Lumber Products | 63.4 |
| TMI Forest Products | 61.7 |
| Scotch Lumber Company | 53.7 |
| H.B. Arrison of West Virginia | 42.0 |
| Kitchens Brothers Manufacturing... | 39.5 |
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