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Company:
L C Industries, Inc.
Plan:
L C Industries Surplus Sharing and 401k Plan
 

L C Industries, Inc.

58 Plan:

 
 
58
10
60
84
0
10
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30
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60
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100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (58) and the top rated plan (84) could equate to:
[How is this calculated?]
12 additional years of work
Up to $184,100 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

L C Industries Surplus Sharing and 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 15% of plans for Company Generosity and Investment Menu Quality. L C Industries Surplus Sharing and 401k Plan currently has over 700 active participants and over $24.0M in plan assets.

 

 Retirement Plan Details

Address P O Box 13629
Durham, NC 27709 
Industry Manufacturing
Administrator Richard Stallings
Net Plan Assets $24,000,000
Total Participants 780
Avg Account Balance $33,000

 Top 3 Funds in this 401k

1. Total Corporate Bonds 31%
2. Total US Government Securities 18%
3. Total Common Stocks 14%

  Plan Service Providers

Auditor Koonce Wooten & Haywood
Recordkeeper The Standard

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