Home  >   401k Directory   >   Southern Concrete Materials, Inc.
 
Company:
Southern Concrete Materials, Inc.
Plan:
Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan
 

Southern Concrete Materials, Inc.

39 Plan: Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan

 
 
39
32
62
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 48 point difference between this plan's BrightScope Rating (39) and the top rated plan (87) could equate to:
[How is this calculated?]
23 additional years of work
Up to $367,300 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

Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 39. This plan is in the top 35% of plans for Participation Rate. Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan currently has over 400 active participants and over $6.5M in plan assets.

 

 Retirement Plan Details

Address Po Box 1040
Saisbury, NC 28145 
Industry Manufacturing
Administrator Joanne Johnson
Sponsor Arthur Hattaway
Net Plan Assets $6,490,000
Total Participants 440
Avg Account Balance $15,000

 Compare Other Companies in Peer Group

Aqua-Aerobic Systems 79.3
Hussey 71.1
Penn United Technologies 69.0
Consolidated Systems 59.8
Marys River Lumber Co. 54.9
Miller Veneers 42.3

 Top 3 Funds in this 401k

1. Wachovia Stable Investment Fund 73%
2. Wells Fargo Enhanced Stock Market Fund 7%
3. Fidelity Advisor New Insights 4%

  Plan Service Providers

Corporate Trustee Wells Fargo (Wachovia)
Investment Adviser Wells Fargo (Wachovia)
Auditor Anderson Smith & Wike PLLC

 Comments