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Company:
Hickory Springs Manufacturing Co.
Plan:
Hickory Springs Investment Savings Plan
 

Hickory Springs Manufacturing Co.

45 Plan:

 
 
45
10
67
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 38 point difference between this plan's BrightScope Rating (45) and the top rated plan (83) could equate to:
[How is this calculated?]
17 additional years of work
Up to $303,000 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

Hickory Springs Investment Savings Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 45. This plan is in the top 15% of plans for Total Plan Cost. Hickory Springs Investment Savings Plan currently has over 2,800 active participants and over $50.4M in plan assets.

 

 Retirement Plan Details

Address 235 2nd Avenue Nw
Hickory, NC 28601-4950 
Industry Manufacturing
Administrator James H Pakcer
Net Plan Assets $50,400,000
Total Participants 2,800
Avg Account Balance $18,000

 Top 3 Funds in this 401k

1. Invesco Stable Value Fund 45%
2. American Funds American Balanced 10%
3. MFS Value 9%

  Plan Service Providers

Recordkeeper Bank of America Merrill Lynch
Auditor Dixon Hughes, LLC

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