Sherrill Furniture Company
56
Plan:
Sherrill Savings and Profit Sharing Plan
10
61
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (56) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $135,400 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
Sherrill Savings and Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 15% of plans for Total Plan Cost. Sherrill Savings and Profit Sharing Plan currently has over 1,000 active participants and over $43.6M in plan assets.
Retirement Plan Details
| Address |
2405 Highland Ave Ne
Hickory, NC 28601 |
| Industry | Manufacturing |
| Administrator | Walter Bost |
| Net Plan Assets | $43,600,000 |
| Total Participants | 1,000 |
| Avg Account Balance | $43,000 |
Compare Other Companies in Peer Group
| Irwin Seating Company | 70.2 |
| American Seating Company | 65.4 |
| Braun | 63.4 |
| Best Chairs | 55.6 |
| Stanley Furniture Company | 53.4 |
| Bernhardt Furniture Company | 49.8 |
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