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Company:
HPM Apparel, Inc.
Plan:
HPM 401k Profit Sharing Plan
 

HPM Apparel, Inc.

48 Plan: HPM 401k Profit Sharing Plan

 
 
48
3
55
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (48) and the top rated plan (78) could equate to:
[How is this calculated?]
13 additional years of work
Up to $196,100 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

HPM 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 48. This plan is in the top 35% of plans for Total Plan Cost. HPM 401k Profit Sharing Plan currently has over 200 active participants and over $1.1M in plan assets.

 

 Retirement Plan Details

Address 115 E 3rd St
Wendell, NC 27591-9791 
Industry Manufacturing
Administrator Edward Morrell
Net Plan Assets $1,130,000
Total Participants 270
Avg Account Balance $4,200

 Top 3 Funds in this 401k

1. American Funds Washington Mutual 40%
2. American Funds New Perspective 20%
3. American Funds Money Market 19%

  Plan Service Provider

Auditor Fowler & Assoc, CPA, Pa

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