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Company:
American Roller Bearing Co.
Plan:
American Roller Bearing Company of North Carolina,
 

American Roller Bearing Co.

56 Plan: American Roller Bearing Company of North Carolina,

 
 
56
32
64
83
0
10
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60
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100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (56) and the top rated plan (83) could equate to:
[How is this calculated?]
13 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

American Roller Bearing Company of North Carolina, is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. American Roller Bearing Company of North Carolina, currently has over 400 active participants and over $15.2M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 68
Hickory, NC 28603 
Industry Manufacturing
Administrator Marshall Kim Harkins
Net Plan Assets $15,200,000
Total Participants 400
Avg Account Balance $38,000

 Top 3 Funds in this 401k

1. MassMutual Guaranteed Interest Account 39%
2. T. Rowe Price New Horizons 13%
3. Fidelity Contrafund 11%

  Plan Service Providers

Insurance Carrier MassMutual
Insurance Advisor/Broker Cincinnati Insurance Co
Insurance Advisor/Broker Travelers Bond Express
Auditor McGladrey

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