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Company:
Wayne Industries, Inc.
Plan:
Wayne Industries, Inc. 401K Profit Sharing Plan
 

Wayne Industries, Inc.

51 Plan: Wayne Industries, Inc. 401K Profit Sharing Plan

 
 
51
12
60
87
0
10
20
30
40
50
60
70
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90
100
For the average 401k participant, the 36 point difference between this plan's BrightScope Rating (51) and the top rated plan (87) could equate to:
[How is this calculated?]
18 additional years of work
Up to $226,100 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

Wayne Industries, Inc. 401K Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 51. This plan is in the top 35% of plans for Investment Menu Quality. Wayne Industries, Inc. 401K Profit Sharing Plan currently has over 100 active participants and over $2.4M in plan assets.

 

 Retirement Plan Details

Address 4107 Cheyenne Dr
Archdale, NC 27263-3242 
Industry Manufacturing
Administrator William D. Connor
Net Plan Assets $2,400,000
Total Participants 130
Avg Account Balance $19,000

 Compare Other Companies in Peer Group

Imaging & Sensing Technology 71.1
Penco Products 68.0
H-J Enterprises 64.4
Gm Nameplate 59.9
Arrowhead Products 59.9
A&B Process Systems 57.6

 Top 3 Funds in this 401k

1. Nationwide Guaranteed Investment Contract 40%
2. Fidelity Puritan 10%
3. Participant Loans 8%

  Plan Service Providers

Insurance Carrier Nationwide
Auditor Seth Ward, CPA, PLLC
Insurance Advisor/Broker CP Greensboro, Inc.

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