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Company:
Electrical Equipment Company
Plan:
Electrical Equipment Company 401k Plan
 

Electrical Equipment Company

53 Plan: Electrical Equipment Company 401k Plan

 
 
53
43
68
88
0
10
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100
For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (53) and the top rated plan (88) could equate to:
[How is this calculated?]
17 additional years of work
Up to $179,000 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

Electrical Equipment Company 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. Electrical Equipment Company 401k Plan currently has over 200 active participants and over $5.2M in plan assets.

 

 Retirement Plan Details

Address 1440 Diggs Drive
Raleigh, NC 27603-2755 
Industry Wholesale Trade
Administrator Harry L. Albert, Jr.
Net Plan Assets $5,200,000
Total Participants 250
Avg Account Balance $21,000

 Top 3 Funds in this 401k

1. American Funds Growth Fund of America 15%
2. Columbia Acorn 12%
3. LSV Value Equity 12%

  Plan Service Providers

Investment Adviser Veratis Investment Group, Inc.
Recordkeeper Retirement Alliance, Inc.
Corporate Trustee Charles Schwab
Auditor McGladrey

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