Hoffman & Hoffman, Inc.
81
Plan:
Hoffman & Hoffman, Inc. Employee Stock Ownership Plan
42
75
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (81) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $47,500 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
Hoffman & Hoffman, Inc. Employee Stock Ownership Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 81, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Hoffman & Hoffman, Inc. Employee Stock Ownership Plan currently has over 200 active participants and over $41.8M in plan assets.
Retirement Plan Details
| Address |
3816 Patterson Street
Greensboro, NC 27407 |
| Industry | Engineering Services |
| Administrator | Dawn Messinger |
| Net Plan Assets | $41,800,000 |
| Total Participants | 220 |
| Avg Account Balance | $200,000 |
Compare Other Companies in Peer Group
| LTK Consulting Services | 82.0 |
| Weidlinger Associates | 79.9 |
| Hanson Group | 78.9 |
| Sasaki Associates | 77.6 |
| SMS Siemag LLC | 76.5 |
| Dowl, LLC | 76.0 |
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