Mackay Communications, Inc.
67
Plan:
Mackay Communications, Inc. Employee Retirement Savings Plan And Trust
9
64
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (67) and the top rated plan (82) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $134,600 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
Mackay Communications, Inc. Employee Retirement Savings Plan And Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 35% of plans for Account Balances and Salary Deferral. Mackay Communications, Inc. Employee Retirement Savings Plan And Trust currently has over 100 active participants and over $6.2M in plan assets.
Retirement Plan Details
| Address |
3691 Trust Dr
Raleigh, NC 27616-2955 |
| Industry | Wholesale Trade |
| Administrator | Rhoda P. Hutchison |
| Sponsor | Jeff Schlacks |
| Net Plan Assets | $6,210,000 |
| Total Participants | 140 |
| Avg Account Balance | $44,000 |
Compare Other Companies in Peer Group
| The Kiemle Hankins Company | 71.0 |
| Virginia Air Distributors | 70.7 |
| The Drillot | 70.0 |
| Total Communications | 68.4 |
| Talcup | 62.0 |
| B & K Electric Wholesale | 61.6 |
Comments