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Company:
Nichols Foodservice Inc.
Plan:
Nichols Foodservice Inc. Employee Stock Ownership Plan
 

Nichols Foodservice Inc.

52 Plan:

 
 
52
23
57
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (52) and the top rated plan (80) could equate to:
[How is this calculated?]
12 additional years of work
Up to $170,600 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

Nichols Foodservice Inc. Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and ESOP component. This plan has a BrightScope Rating of 52. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Nichols Foodservice Inc. Employee Stock Ownership Plan currently has over 100 active participants and over $684.1K in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
5
Plan Average: 24
Top 3 Funds in this 401k
1. Nichols Foodservice Inc. Common Stock 94%
2. Total Common Stocks 2%
3. Participant Loans 1%

 Retirement Plan Details

Address 311 Se Railroad St
Wallace, NC 28466-1860 
Industry Wholesale Trade
Administrator J.L. Nichols III
Net Plan Assets $680,000
Total Participants 140
Avg Account Balance $5,100

  Plan Service Provider

Auditor Rosenthal & Kaplan Pc

 Comments