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Company:
Hornwood, Inc.
Plan:
Hornwood Retirement Plan
 

Hornwood, Inc.

54 Plan: Hornwood Retirement Plan

 
 
54
10
63
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 36 point difference between this plan's BrightScope Rating (54) and the top rated plan (90) could equate to:
[How is this calculated?]
18 additional years of work
Up to $276,100 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

Hornwood Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 54. Hornwood Retirement Plan currently has over 200 active participants and over $5.4M in plan assets.

 

 Retirement Plan Details

Address 766 Haileys Ferry Rd
Lilesville, NC 28091 
Industry Manufacturing
Administrator Paula Tice
Net Plan Assets $5,350,000
Total Participants 280
Avg Account Balance $19,000

 Compare Other Companies in Peer Group

Glenoit LLC 69.5
Avgol America 56.9
Microfibres 51.7
Lumite 45.4
Pendleton Wooden Mills 42.5
Mills Manufacturing 39.5

 Top 3 Funds in this 401k

1. American Funds New Perspective 21%
2. American Funds Investment Company of America 21%
3. American Funds American Balanced 11%

  Plan Service Providers

Insurance Carrier Hartford
Insurance Advisor/Broker Bank of America Merrill Lynch
Recordkeeper Hartford
Auditor Anderson Smith & Wike PLLC

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