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Company:
Beam Construction Company, Inc.
Plan:
Beam Construction Company, Inc. 401k Profit Sharing Plan
 

Beam Construction Company, Inc.

52 Plan: Beam Construction Company, Inc. 401k Profit Sharing Plan

 
 
52
14
59
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 33 point difference between this plan's BrightScope Rating (52) and the top rated plan (85) could equate to:
[How is this calculated?]
16 additional years of work
Up to $174,300 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

Beam Construction Company, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 52. This plan is in the top 15% of plans for Participation Rate. Beam Construction Company, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $6.1M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
26
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. Total Common Stocks 25%
2. American Funds Target Date Retirement 2025 6%
3. Citigroup Large Cap Growth 5%

 Retirement Plan Details

Address P.O. Box 129
Cherryville, NC 28021 
Industry Construction
Administrator Jason T. Raines
Net Plan Assets $6,130,000
Total Participants 130
Avg Account Balance $47,000

 Compare Other Companies in Peer Group

Stone Source, LLC 66.1
Atlas Mechanical 61.7
American Crane & Equipment 59.1
F & H Supply 53.1
Shallenberger Construction 52.5
TRL Systems 48.7

  Plan Service Providers

Insurance Carrier Hartford
Insurance Advisor/Broker Edward Jones
Investment Adviser Citigroup
Recordkeeper Hartford
Auditor Smith, Kesler & Company, P.A.

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