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Company:
Machine and Welding Supply Co, Inc.
Plan:
Machine and Welding Supply Co., Inc. 401K Supplemental Retirement Plan
 

Machine and Welding Supply Co, Inc.

68 Plan: Machine and Welding Supply Co., Inc. 401K Supplemental Retirement Plan

 
 
68
3
59
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (68) and the top rated plan (84) could equate to:
[How is this calculated?]
9 additional years of work
Up to $65,700 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

Machine and Welding Supply Co., Inc. 401K Supplemental Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 35% of plans for Participation Rate. Machine and Welding Supply Co., Inc. 401K Supplemental Retirement Plan currently has over 200 active participants and over $5.0M in plan assets.

 

 Retirement Plan Details

Address Po Box 1708
Dunn, NC 28335-1708 
Industry Manufacturing
Administrator Tommy Stewart
Sponsor Emmet C. Aldredge, III
Net Plan Assets $4,970,000
Total Participants 210
Avg Account Balance $27,000

 Top 3 Funds in this 401k

1. American Funds Washington Mutual 23%
2. American Funds Growth Fund of America 19%
3. Oppenheimer Global Allocation 17%

  Plan Service Providers

Auditor Mcmillan Pate & Company LLP
Corporate Trustee BB&T

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