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Company:
State Utility Contractors, Inc.
Plan:
State Utility Contractors, Inc. 401k Profit Sharing Plan
 

State Utility Contractors, Inc.

68 Plan:

 
 
68
21
60
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (68) and the top rated plan (86) could equate to:
[How is this calculated?]
10 additional years of work
Up to $134,800 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

State Utility Contractors, 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 68. This plan is in the top 15% of plans for Investment Menu Quality. State Utility Contractors, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $7.2M in plan assets.

 

 Retirement Plan Details

Address P. O. Box 5019
4417 Old Charlotte Highway 28210
Monroe, NC 28111-5019 
Industry Construction
Administrator Bill Norwood
Net Plan Assets $7,240,000
Total Participants 140
Avg Account Balance $55,000

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Balanced 28%
2. John Hancock Funds II Lifestyle Growth 20%
3. John Hancock Funds II Lifestyle Aggressive 12%

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker Harbor Capital Management, Inc.
Insurance Advisor/Broker Vanguard Group
Recordkeeper John Hancock
Auditor Potter & Company, P.A.

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