State Utility Contractors, Inc.
63
Plan:
21
60
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (63) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $137,900 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. Employee Stock Ownership Plan is a defined contribution plan with a leveraged ESOP component. This plan has a BrightScope Rating of 63. This plan is in the top 15% of plans for Company Generosity, Participation Rate, and Total Plan Cost. State Utility Contractors, Inc. Employee Stock Ownership Plan currently has over 200 active participants and over $15.3M 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 | $15,300,000 |
| Total Participants | 210 |
| Avg Account Balance | $49,000 |
Compare Other Companies in Peer Group
| Green Contracting Company | 77.0 |
| Ulliman Schutte Construction | 72.5 |
| Chesapeake Sprinkler Company | 63.5 |
| Century Contractors | 55.1 |
| Lake Painting | 52.9 |
| Beam Construction Company | 50.5 |
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