Classic Leather, Inc.
53
Plan:
10
62
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (53) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $140,700 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
Classic Leather, Inc. Employees 401k Profit Sharing Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. This plan is in the top 35% of plans for Account Balances and Participation Rate. Classic Leather, Inc. Employees 401k Profit Sharing Retirement Plan currently has over 100 active participants and over $11.8M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 2404
Hickory, NC 28603 |
| Industry | Manufacturing |
| Administrator | Thomas H. Shores Jr. |
| Net Plan Assets | $11,800,000 |
| Total Participants | 180 |
| Avg Account Balance | $64,000 |
Compare Other Companies in Peer Group
| Valley Cabinet | 69.1 |
| Hirsch Industries | 62.0 |
| Structural Concepts | 61.2 |
| Gasser Chair Company | 54.5 |
| Killion Industries | 52.8 |
| Trendwood | 46.9 |
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