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Company:
Patrick Yarn Mills, Inc.
Plan:
Patrick Yarn Mills 401k Plan
 

Patrick Yarn Mills, Inc.

54 Plan: Patrick Yarn Mills 401k Plan

 
 
54
3
55
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (54) and the top rated plan (79) could equate to:
[How is this calculated?]
11 additional years of work
Up to $163,300 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

Patrick Yarn Mills 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 54. Patrick Yarn Mills 401k Plan currently has over 100 active participants and over $925.6K in plan assets.

 

 Retirement Plan Details

Address Po Box 1847
Kings Mountain, NC 28086-1847 
Industry Manufacturing
Administrator Thomas J. Koval (Controller)
Net Plan Assets $930,000
Total Participants 110
Avg Account Balance $8,300

 Compare Other Companies in Peer Group

The O'Dell 56.1
Griffin Manufacturing Company 50.9
Premiere Fibers 50.1
National Nonwovens 42.1
Auto Custom Carpets 41.0
Lemco Mills 40.0

 Top 3 Funds in this 401k

1. Delaware Corporate Bond 19%
2. MetLife Stable Value Fund 19%
3. American Funds Capital Income Builder 16%

  Plan Service Provider

Auditor Farris Cooke & Associates, P.A.

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