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Company:
Holmes Oil Company, Inc.
Plan:
Holmes Oil Company Inc. Salary Savings Plan
 

Holmes Oil Company, Inc.

42 Plan: Holmes Oil Company Inc. Salary Savings Plan

 
 
42
17
54
72
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (42) and the top rated plan (72) could equate to:
[How is this calculated?]
14 additional years of work
Up to $196,400 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

Holmes Oil Company Inc. Salary Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 42. Holmes Oil Company Inc. Salary Savings Plan currently has over 100 active participants and over $1.5M in plan assets.

 

 Retirement Plan Details

Address 100 Europa Dr Ste 550
Chapel Hill, NC 27517-2394 
Industry Retail Trade
Administrator Rhodney B. Reade, Jr.
Net Plan Assets $1,530,000
Total Participants 130
Avg Account Balance $12,000

 Compare Other Companies in Peer Group

By-Lo Oil Company 53.9
Coastal Area Stores 52.6
Rademacher Companies 50.5
East Side Servicenter 50.4
Mickey Mart 46.8
Schrader Oil Co. 45.3

 Top 3 Funds in this 401k

1. Fidelity Managed Income Portfolio 59%
2. Fidelity Freedom 2040 9%
3. Fidelity Mid-Cap Stock 7%

  Plan Service Providers

Auditor Batchelor, Tillery & Roberts LLP
Corporate Trustee Fidelity
Recordkeeper Fidelity

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